EVEREST, MAIN STREET, KIRTON, NEWARK, NG22 9LP - £270,000

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

EVEREST is a small detached house of 105m², built sometime between 1967 and 1975. It was last sold for £270,000 in October 2020, which was around 5% below the average October 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

EVEREST Sold Prices

Land registry data shows two sales for EVEREST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two EVEREST sales were 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
2020 16 OCT	£270,000	£284,793	5% below HPI
2011 30 NOV	£145,000	£202,715	28% below HPI

EVEREST 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 two EVEREST sales from November 2011 and October 2020 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 November 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is EVEREST?

EVEREST is 105m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Kirton, based on EPC data. The below chart shows the distribution of detached houses by size in Kirton, and where EVEREST lies on this distribution: 39% of detached houses are smaller than EVEREST, and 59% of houses are larger. Note that EPC data is not available for all properties in Kirton.

EVEREST: Plot and Title Map

EVEREST sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of EVEREST, 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 EVEREST). 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 EVEREST?

EVEREST is located on MAIN STREET in KIRTON, in the NG22 postcode district. The below map shows the position of EVEREST on MAIN STREET.