GLENDENE, STAYTHORPE ROAD, AVERHAM, NEWARK, NG23 5RA - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GLENDENE is a small extended detached house of 116m², built sometime between 1900 and 1929, which could now be worth an estimated £422,496. It was last sold for £320,000 in July 2018, which was around 18% above the average July 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was A.

GLENDENE Sold Prices

Land registry data shows two sales for GLENDENE 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. One of the two GLENDENE sales was for above the average price, whilst the other 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
2018 16 JUL	£320,000	£271,929	18% above HPI
2007 15 NOV	£101,150	£236,939	57% below HPI

GLENDENE 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 GLENDENE sales from November 2007 and July 2018 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 2007 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the July 2018 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might GLENDENE be worth now?

GLENDENE might now be worth an estimated £422,496.

This is based on house price inflation of 32%, between July 2018 and December 2024, 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 32% inflationary increase is applied to the most recent sale price for GLENDENE of £320,000 on 16th July 2018. For the value to have increased from £320,000 to £422,496 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of GLENDENE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of GLENDENE has not materially changed since July 2018.

How Large is GLENDENE?

GLENDENE is 116m², which includes four extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses houses in Averham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Averham, and where GLENDENE lies on this distribution: 22% of detached houses houses are smaller than GLENDENE, and 76% of houses are larger. Note that EPC data is not available for all properties in Averham.

GLENDENE: Plot and Title Map

GLENDENE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of GLENDENE, 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 GLENDENE). 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 GLENDENE?

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