LABURNUM HOUSE, GONALSTON LANE, HOVERINGHAM, NOTTINGHAM, NG14 7JH - £430,000

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

LABURNUM HOUSE is a small extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £430,000 in March 2013, which was around 118% above the average March 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

LABURNUM HOUSE Sold Prices

Land registry data shows five sales for LABURNUM HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five LABURNUM HOUSE 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
2013 11 MAR	£430,000	£196,819	118% above HPI
2002 19 SEP	£364,000	£141,160	158% above HPI
2000 29 SEP	£250,000	£102,782	143% above HPI
1996 9 AUG	£150,000	£76,024	97% above HPI
1995 22 MAR	£80,000	£68,531	17% above HPI

LABURNUM HOUSE 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 five LABURNUM HOUSE sales between March 1995 and March 2013 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 September 2002 sale was for 158% above the HPI. So the extrapolation line tracks at 158% above the HPI over time, until the March 2013 sale, where it falls to 118% above the HPI. The line then continues to track at 118% above the HPI.

How Large is LABURNUM HOUSE?

LABURNUM HOUSE is 139m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Hoveringham, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveringham, and where LABURNUM HOUSE lies on this distribution: 23% of detached houses are smaller than LABURNUM HOUSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hoveringham.

LABURNUM HOUSE: Plot and Title Map

LABURNUM HOUSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of LABURNUM HOUSE, 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 LABURNUM HOUSE). 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 LABURNUM HOUSE?

LABURNUM HOUSE is located on GONALSTON LANE in HOVERINGHAM, in the NG14 postcode district. The below map shows the position of LABURNUM HOUSE on GONALSTON LANE.