HOPELAND, KIRTONS LANE, LONG BENNINGTON, NEWARK, NG23 5DX - £365,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

HOPELAND is a small detached house of 110m², built sometime between 1983 and 1990. It was last sold for £365,000 in August 2018, which was around 20% above the average August 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

HOPELAND Sold Prices

Land registry data shows two sales for HOPELAND since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two HOPELAND 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
2018 3 AUG	£365,000	£304,523	20% above HPI
2016 25 MAY	£286,000	£260,567	10% above HPI

HOPELAND Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two HOPELAND sales from May 2016 and August 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 May 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is HOPELAND?

HOPELAND is 110m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where HOPELAND lies on this distribution: 22% of detached houses are smaller than HOPELAND, and 78% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

HOPELAND: Plot and Title Map

HOPELAND sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of HOPELAND, 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 HOPELAND). 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 HOPELAND?

HOPELAND is located on KIRTONS LANE in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of HOPELAND on KIRTONS LANE.