NEW MANOR PARK, MAIN STREET, NORTH MUSKHAM, NEWARK, NG23 6ER - £710,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NEW MANOR PARK is a very large extended detached house of 297m², built sometime between 1991 and 1995, which could now be worth an estimated £767,873. It was last sold for £710,000 in May 2022, which was around 118% above the average May 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

NEW MANOR PARK Sold Prices

Land registry data shows four sales for NEW MANOR PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four NEW MANOR PARK 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
2022 25 MAY	£710,000	£325,464	118% above HPI
2013 25 JUL	£380,000	£219,121	73% above HPI
2009 4 SEP	£440,000	£208,589	111% above HPI
2006 27 JAN	£320,000	£214,198	49% above HPI

NEW MANOR PARK 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 four NEW MANOR PARK sales between January 2006 and May 2022 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 2013 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the May 2022 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

What might NEW MANOR PARK be worth now?

NEW MANOR PARK might now be worth an estimated £767,873.

This is based on house price inflation of 8.2%, between May 2022 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% inflationary increase is applied to the most recent sale price for NEW MANOR PARK of £710,000 on 25th May 2022. For the value to have increased from £710,000 to £767,873 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of NEW MANOR PARK has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2022 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of NEW MANOR PARK has not materially changed since May 2022.

How Large is NEW MANOR PARK?

NEW MANOR PARK is 297m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% of detached houses houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Muskham, and where NEW MANOR PARK lies on this distribution: 96% of detached houses houses are smaller than NEW MANOR PARK, and 4% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

NEW MANOR PARK: Plot and Title Map

NEW MANOR PARK sits on a plot of roughly 0.975 of an acre, or 3,946m². The below map shows the location of NEW MANOR PARK, 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 NEW MANOR PARK). 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 NEW MANOR PARK?

NEW MANOR PARK is located on MAIN STREET in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of NEW MANOR PARK on MAIN STREET.