MILLERSDALE, STATION ROAD, OLLERTON, NEWARK, NG22 9BW - £287,000

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

MILLERSDALE is a midsized detached house of 107m², built sometime between 1983 and 1990. It was last sold for £287,000 in October 2023, which was around 15% below the average October 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

MILLERSDALE Sold Prices

Land registry data shows two sales for MILLERSDALE 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. One of the two MILLERSDALE sales was for below the average price, whilst the other was 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
2023 6 OCT	£287,000	£336,414	15% below HPI
1997 10 OCT	£82,000	£79,464	3% above HPI

MILLERSDALE 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 MILLERSDALE sales from October 1997 and October 2023 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 October 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is MILLERSDALE?

MILLERSDALE is 107m² according to the EPC inspection conducted in February 2023. 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 MILLERSDALE lies on this distribution: 49% of detached houses are smaller than MILLERSDALE, and 51% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

MILLERSDALE: Plot and Title Map

MILLERSDALE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of MILLERSDALE, 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 MILLERSDALE). 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 MILLERSDALE?

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