MAYBOLE, WELLOW ROAD, OLLERTON, NEWARK, NG22 9BB - £262,500

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

MAYBOLE is a midsized extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £262,500 in April 2017, which was around 8% above the average April 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

MAYBOLE Sold Prices

Land registry data shows two sales for MAYBOLE 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 MAYBOLE 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
2017 13 APR	£262,500	£243,666	8% above HPI
2004 23 JUL	£229,950	£188,834	22% above HPI

MAYBOLE 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 MAYBOLE sales from July 2004 and April 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 July 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is MAYBOLE?

MAYBOLE is 102m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where MAYBOLE lies on this distribution: 47% of detached houses are smaller than MAYBOLE, and 53% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

MAYBOLE: Plot and Title Map

MAYBOLE sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of MAYBOLE, 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 MAYBOLE). 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 MAYBOLE?

MAYBOLE is located on WELLOW ROAD in OLLERTON, in the NG22 postcode district. The below map shows the position of MAYBOLE on WELLOW ROAD.