Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
MONKSMEAD is a large extended detached house of 262m², built sometime between 1930 and 1949. It was last sold for £460,000 in May 2014, which was around 115% above the average May 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for MONKSMEAD since 1st 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 MONKSMEAD 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 |
---|---|---|---|
2014 30 MAY | £460,000 | £213,982 | 115% above HPI |
2000 17 APR | £210,000 | £88,794 | 137% above HPI |
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 MONKSMEAD sales from April 2000 and May 2014 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 April 2000 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the May 2014 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.
MONKSMEAD is 262m², which includes three extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Thurgarton, based on EPC data. The below chart shows the distribution of detached houses by size in Thurgarton, and where MONKSMEAD lies on this distribution: 74% of detached houses are smaller than MONKSMEAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Thurgarton.
MONKSMEAD sits on a plot of roughly 0.776 of an acre, or 3,141m². The below map shows the location of MONKSMEAD, 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 MONKSMEAD). 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.
MONKSMEAD is located on THE PARK in THURGARTON, in the NG14 postcode district. The below map shows the position of MONKSMEAD on THE PARK.