ERLSMERE, MANSFIELD ROAD, EDINGLEY, NEWARK, NG22 8BG - £650,000

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.

ERLSMERE is a very large extended detached house of 280m², built sometime between 1900 and 1929, which could now be worth an estimated £1,033,310. It was last sold for £650,000 in August 2010, which was around 194% above the average August 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

ERLSMERE Sold Prices

Land registry data shows three sales for ERLSMERE 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. All of the three ERLSMERE sales were for above 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
2010 26 AUG	£650,000	£221,420	194% above HPI
2005 2 DEC	£330,000	£216,514	52% above HPI
2003 31 DEC	£250,000	£182,545	37% above HPI

ERLSMERE 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 ERLSMERE sales between December 2003 and August 2010 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 December 2005 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the August 2010 sale, where it rises to 194% above the HPI. The line then continues to track at 194% above the HPI.

What might ERLSMERE be worth now?

ERLSMERE might now be worth an estimated £1,033,310.

This is based on house price inflation of 59%, between August 2010 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 59% inflationary increase is applied to the most recent sale price for ERLSMERE of £650,000 on 26th August 2010. For the value to have increased from £650,000 to £1,033,310 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of ERLSMERE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2010 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of ERLSMERE has not materially changed since August 2010.

How Large is ERLSMERE?

ERLSMERE is 280m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses houses in Edingley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edingley, and where ERLSMERE lies on this distribution: 82% of detached houses houses are smaller than ERLSMERE, and 18% of houses are larger. Note that EPC data is not available for all properties in Edingley.

ERLSMERE: Plot and Title Map

ERLSMERE sits on a plot of roughly 0.592 of an acre, or 2,394m². The below map shows the location of ERLSMERE, 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 ERLSMERE). 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 ERLSMERE?

ERLSMERE is located on MANSFIELD ROAD in EDINGLEY, in the NG22 postcode district. The below map shows the position of ERLSMERE on MANSFIELD ROAD.