ELMCROFT, STAYTHORPE ROAD, ROLLESTON, NEWARK, NG23 5SG - £601,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ELMCROFT is a large extended detached house of 218m², built sometime before 1900, which could now be worth an estimated £599,773. It was last sold for £601,000 in March 2023, which was around 70% above the average March 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

ELMCROFT Sold Prices

Land registry data shows three sales for ELMCROFT 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 ELMCROFT 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
2023 10 MAR	£601,000	£352,713	70% above HPI
2014 24 APR	£406,950	£222,419	83% above HPI
1996 19 JUL	£70,100	£78,737	11% below HPI

ELMCROFT 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 ELMCROFT sales between July 1996 and March 2023 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 April 2014 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the March 2023 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might ELMCROFT be worth now?

ELMCROFT might now be worth an estimated £599,773.

This is based on house price deflation of 0.2%, between March 2023 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% deflationary decrease is applied to the most recent sale price for ELMCROFT of £601,000 on 10th March 2023. For the value to have decreased from £601,000 to £599,773 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of ELMCROFT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2023 sale price of £601,000 represented a fair market value for the property.
• The size, condition, and specification of ELMCROFT has not materially changed since March 2023.

How Large is ELMCROFT?

ELMCROFT is 218m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses houses in Rolleston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rolleston, and where ELMCROFT lies on this distribution: 68% of detached houses houses are smaller than ELMCROFT, and 32% of houses are larger. Note that EPC data is not available for all properties in Rolleston.

ELMCROFT: Plot and Title Map

ELMCROFT sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of ELMCROFT, 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 ELMCROFT). 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 ELMCROFT?

ELMCROFT is located on STAYTHORPE ROAD in ROLLESTON, in the NG23 postcode district. The below map shows the position of ELMCROFT on STAYTHORPE ROAD.