NURSERY CROFT, VICARAGE ROAD, SOUTH CLIFTON, NEWARK, NG23 7AQ - £321,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NURSERY CROFT is a very large detached house of 288m², built sometime between 1967 and 1975. It was last sold for £321,000 in June 2011, which was around 46% above the average June 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2019, where the current energy rating was F, and the potential energy rating was D.

NURSERY CROFT Sold Prices

Land registry data shows two sales for NURSERY CROFT 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. Both of the two NURSERY CROFT 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
2011 17 JUN	£321,000	£219,683	46% above HPI
2003 23 SEP	£250,000	£175,562	42% above HPI

NURSERY CROFT 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 NURSERY CROFT sales from September 2003 and June 2011 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 September 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2011 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might NURSERY CROFT be worth now?

NURSERY CROFT might now be worth an estimated £524,610.

This is based on house price inflation of 63.4%, between June 2011 and December 2024, 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 63.4% inflationary increase is applied to the most recent sale price for NURSERY CROFT of £321,000 on 17th June 2011. For the value to have increased from £321,000 to £524,610 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of NURSERY CROFT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2011 sale price of £321,000 represented a fair market value for the property.
• The size, condition, and specification of NURSERY CROFT has not materially changed since June 2011.

How Large is NURSERY CROFT?

NURSERY CROFT is 288m² according to the EPC inspection conducted in November 2019. This puts it in the largest 10% of detached houses houses in South Clifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Clifton, and where NURSERY CROFT lies on this distribution: More than 99% of detached houses houses are smaller than NURSERY CROFT, and less than 1% of houses are larger. Note that EPC data is not available for all properties in South Clifton.

NURSERY CROFT: Plot and Title Map

NURSERY CROFT sits on a plot of roughly 6.7 acres, or 27,134m². The below map shows the location of NURSERY CROFT, 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 NURSERY CROFT). 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 NURSERY CROFT?

NURSERY CROFT is located on VICARAGE ROAD in SOUTH CLIFTON, in the NG23 postcode district. The below map shows the position of NURSERY CROFT on VICARAGE ROAD.