OLLERRUSK, MAIN STREET, KIRTON, NEWARK, NG22 9LP - £510,000

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

OLLERRUSK is a very large detached house of 245m², built sometime from 2007 onwards. It was last sold for £510,000 in October 2023, which was around 52% above the average October 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

OLLERRUSK Sold Prices

Land registry data shows five sales for OLLERRUSK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the five OLLERRUSK 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
2023 3 OCT	£510,000	£336,414	52% above HPI
2017 21 JUL	£425,000	£249,927	70% above HPI
2008 10 OCT	£195,000	£205,744	5% below HPI
2004 30 SEP	£35,000	£192,064	82% below HPI
1995 4 AUG	£75,000	£73,753	2% above HPI

OLLERRUSK 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 five OLLERRUSK sales between August 1995 and October 2023 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 2017 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the October 2023 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is OLLERRUSK?

OLLERRUSK is 245m² according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Kirton, based on EPC data. The below chart shows the distribution of detached houses by size in Kirton, and where OLLERRUSK lies on this distribution: 95% of detached houses are smaller than OLLERRUSK, and 5% of houses are larger. Note that EPC data is not available for all properties in Kirton.

OLLERRUSK: Plot and Title Map

OLLERRUSK sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of OLLERRUSK, 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 OLLERRUSK). 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 OLLERRUSK?

OLLERRUSK is located on MAIN STREET in KIRTON, in the NG22 postcode district. The below map shows the position of OLLERRUSK on MAIN STREET.