NORTH ACRE, SOUTHWELL ROAD, THURGARTON, NOTTINGHAM, NG14 7GP - £650,000

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.

NORTH ACRE is a large extended detached house of 210m², built sometime between 1950 and 1966, which could now be worth an estimated £891,844. It was last sold for £650,000 in May 2017, which was around 153% above the average May 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

NORTH ACRE Sold Prices

Land registry data shows four sales for NORTH ACRE 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 NORTH ACRE 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 12 MAY	£650,000	£256,542	153% above HPI
2007 12 JUL	£540,000	£231,276	133% above HPI
2003 17 JAN	£540,000	£159,918	238% above HPI
1997 24 FEB	£143,000	£77,058	86% above HPI

NORTH ACRE 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 NORTH ACRE sales between February 1997 and May 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 2007 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the May 2017 sale, where it rises to 153% above the HPI. The line then continues to track at 153% above the HPI.

What might NORTH ACRE be worth now?

NORTH ACRE might now be worth an estimated £891,844.

This is based on house price inflation of 37.2%, between May 2017 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 37.2% inflationary increase is applied to the most recent sale price for NORTH ACRE of £650,000 on 12th May 2017. For the value to have increased from £650,000 to £891,844 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of NORTH ACRE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2017 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of NORTH ACRE has not materially changed since May 2017.

How Large is NORTH ACRE?

NORTH ACRE is 210m², which includes four extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses houses in Thurgarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurgarton, and where NORTH ACRE lies on this distribution: 64% of detached houses houses are smaller than NORTH ACRE, and 36% of houses are larger. Note that EPC data is not available for all properties in Thurgarton.

NORTH ACRE: Plot and Title Map

NORTH ACRE sits on a plot of roughly 0.315 of an acre, or 1,275m². The below map shows the location of NORTH ACRE, 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 NORTH ACRE). 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 NORTH ACRE?

NORTH ACRE is located on SOUTHWELL ROAD in THURGARTON, in the NG14 postcode district. The below map shows the position of NORTH ACRE on SOUTHWELL ROAD.