OLD SCHOOL HOUSE, NEWARK ROAD, TUXFORD, NEWARK, NG22 0NA - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OLD SCHOOL HOUSE is a large detached house of 141m², built sometime between 1996 and 2002. It was last sold for £315,000 in April 2012, which was around 88% above the average April 2012 detached price in the Bassetlaw local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was E.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows three sales for OLD SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. Two of the three OLD SCHOOL HOUSE sales were for above the average price, whilst one was for below 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
2012 5 APR	£315,000	£167,405	88% above HPI
2006 8 DEC	£300,000	£189,533	58% above HPI
1999 23 DEC	£47,500	£72,446	34% below HPI

OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The three OLD SCHOOL HOUSE sales between December 1999 and April 2012 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 December 2006 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the April 2012 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 141m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses in Tuxford, based on EPC data. The below chart shows the distribution of detached houses by size in Tuxford, and where OLD SCHOOL HOUSE lies on this distribution: 71% of detached houses are smaller than OLD SCHOOL HOUSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of OLD SCHOOL HOUSE, 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 OLD SCHOOL HOUSE). 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 OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is located on NEWARK ROAD in TUXFORD, in the NG22 postcode district. The below map shows the position of OLD SCHOOL HOUSE on NEWARK ROAD.