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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ERLSMERE is a very large extended detached house of 280m², built sometime between 1900 and 1929. It was last sold for £650,000 in August 2010, which was around 206% 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	£212,696	206% above HPI
2005 2 DEC	£330,000	£207,983	59% above HPI
2003 31 DEC	£250,000	£175,352	43% 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 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the August 2010 sale, where it rises to 206% above the HPI. The line then continues to track at 206% above the HPI.

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 in Edingley, based on EPC data. The below chart shows the distribution of detached houses by size in Edingley, and where ERLSMERE lies on this distribution: 82% of detached 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.