KNIGHTSBRIDGE, BLACKSMITHS LANE, KELHAM, NEWARK, NG23 5QT - £562,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

KNIGHTSBRIDGE is a very large extended detached house of 300m², built sometime between 2003 and 2006, which could now be worth an estimated £620,979. It was last sold for £562,500 in November 2021, which was around 76% above the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

KNIGHTSBRIDGE Sold Prices

Land registry data shows two sales for KNIGHTSBRIDGE 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 KNIGHTSBRIDGE 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
2021 12 NOV	£562,500	£318,845	76% above HPI
2009 30 NOV	£385,000	£212,402	81% above HPI

KNIGHTSBRIDGE 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 KNIGHTSBRIDGE sales from November 2009 and November 2021 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 2009 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the November 2021 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might KNIGHTSBRIDGE be worth now?

KNIGHTSBRIDGE might now be worth an estimated £620,979.

This is based on house price inflation of 10.4%, between November 2021 and February 2025, 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 10.4% inflationary increase is applied to the most recent sale price for KNIGHTSBRIDGE of £562,500 on 12th November 2021. For the value to have increased from £562,500 to £620,979 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of KNIGHTSBRIDGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2021 sale price of £562,500 represented a fair market value for the property.
• The size, condition, and specification of KNIGHTSBRIDGE has not materially changed since November 2021.

How Large is KNIGHTSBRIDGE?

KNIGHTSBRIDGE is 300m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses houses in Kelham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kelham, and where KNIGHTSBRIDGE lies on this distribution: More than 99% of detached houses houses are smaller than KNIGHTSBRIDGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Kelham.

KNIGHTSBRIDGE: Plot and Title Map

KNIGHTSBRIDGE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of KNIGHTSBRIDGE, 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 KNIGHTSBRIDGE). 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 KNIGHTSBRIDGE?

KNIGHTSBRIDGE is located on BLACKSMITHS LANE in KELHAM, in the NG23 postcode district. The below map shows the position of KNIGHTSBRIDGE on BLACKSMITHS LANE.