LORIEN, CHURCH ROAD, BOUGHTON, NEWARK, NG22 9JW - £215,000

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

LORIEN is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £215,000 in November 2017, which was around 19% below the average November 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

LORIEN Sold Prices

Land registry data shows two sales for LORIEN 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 LORIEN sales were 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
2017 14 NOV	£215,000	£264,247	19% below HPI
2006 31 MAR	£195,000	£199,901	2% below HPI

LORIEN 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 LORIEN sales from March 2006 and November 2017 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 March 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is LORIEN?

LORIEN is 78m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses in Boughton, based on EPC data. The below chart shows the distribution of detached houses by size in Boughton, and where LORIEN lies on this distribution: 19% of detached houses are smaller than LORIEN, and 74% of houses are larger. Note that EPC data is not available for all properties in Boughton.

LORIEN: Plot and Title Map

LORIEN sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of LORIEN, 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 LORIEN). 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 LORIEN?

LORIEN is located on CHURCH ROAD in BOUGHTON, in the NG22 postcode district. The below map shows the position of LORIEN on CHURCH ROAD.