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

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

NORTH ACRE is a large extended detached house of 210m², built sometime between 1950 and 1966. It was last sold for £650,000 in May 2017, which was around 164% 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	£246,434	164% above HPI
2007 12 JUL	£540,000	£222,163	143% above HPI
2003 17 JAN	£540,000	£153,617	252% above HPI
1997 24 FEB	£143,000	£74,021	93% 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 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the May 2017 sale, where it rises to 164% above the HPI. The line then continues to track at 164% above the HPI.

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 in Thurgarton, based on EPC data. The below chart shows the distribution of detached houses by size in Thurgarton, and where NORTH ACRE lies on this distribution: 63% of detached houses are smaller than NORTH ACRE, and 37% 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.