EAST VIEW, TOAD LANE, ELSTON, NEWARK, NG23 5NS - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

EAST VIEW is a large extended detached house of 187m², built sometime before 1900. It was last sold for £525,000 in July 2019, which was around 96% above the average July 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

EAST VIEW Sold Prices

Land registry data shows three sales for EAST VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the three EAST VIEW sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 24 JUL	£525,000	£267,974	96% above HPI
2013 24 JAN	£410,000	£201,500	103% above HPI
2007 19 JUN	£187,000	£218,670	14% below HPI

EAST VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three EAST VIEW sales between June 2007 and July 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2013 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the July 2019 sale, where it falls to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is EAST VIEW?

EAST VIEW is 187m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where EAST VIEW lies on this distribution: 75% of detached houses are smaller than EAST VIEW, and 24% of houses are larger. Note that EPC data is not available for all properties in Elston.

EAST VIEW: Plot and Title Map

EAST VIEW sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of EAST VIEW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of EAST VIEW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is EAST VIEW?

EAST VIEW is located on TOAD LANE in ELSTON, in the NG23 postcode district. The below map shows the position of EAST VIEW on TOAD LANE.