HILLCREST, MARKHAM ROAD, TUXFORD, NEWARK, NG22 0NP - £575,000

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

HILLCREST is a very large extended detached house of 222m², built sometime between 1900 and 1929. It was last sold for £575,000 in July 2022, which was around 102% above the average July 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was D.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. Both of the two HILLCREST 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
2022 18 JUL	£575,000	£284,782	102% above HPI
2000 26 JAN	£105,000	£73,765	42% above HPI

HILLCREST Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The two HILLCREST sales from January 2000 and July 2022 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 January 2000 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2022 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is HILLCREST?

HILLCREST is 222m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses in Tuxford, based on EPC data. The below chart shows the distribution of detached houses by size in Tuxford, and where HILLCREST lies on this distribution: 92% of detached houses are smaller than HILLCREST, and 8% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 1.5 acres, or 5,951m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on MARKHAM ROAD in TUXFORD, in the NG22 postcode district. The below map shows the position of HILLCREST on MARKHAM ROAD.