PALINGS ORCHARD, MANSFIELD ROAD, EDINGLEY, NEWARK, NG22 8BG - £670,000

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

PALINGS ORCHARD is a large extended detached house of 250m², built sometime between 2003 and 2006. It was last sold for £670,000 in September 2010, which was around 219% above the average September 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

PALINGS ORCHARD Sold Prices

Land registry data shows two sales for PALINGS ORCHARD 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 PALINGS ORCHARD 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
2010 28 SEP	£670,000	£210,020	219% above HPI
2006 3 FEB	£610,000	£199,556	206% above HPI

PALINGS ORCHARD 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 PALINGS ORCHARD sales from February 2006 and September 2010 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 February 2006 sale was for 206% above the HPI. So the extrapolation line tracks at 206% above the HPI over time, until the September 2010 sale, where it rises to 219% above the HPI. The line then continues to track at 219% above the HPI.

How Large is PALINGS ORCHARD?

PALINGS ORCHARD is 250m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 40% of detached houses in Edingley, based on EPC data. The below chart shows the distribution of detached houses by size in Edingley, and where PALINGS ORCHARD lies on this distribution: 64% of detached houses are smaller than PALINGS ORCHARD, and 36% of houses are larger. Note that EPC data is not available for all properties in Edingley.

PALINGS ORCHARD: Plot and Title Map

PALINGS ORCHARD sits on a plot of roughly 0.563 of an acre, or 2,278m². The below map shows the location of PALINGS ORCHARD, 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 PALINGS ORCHARD). 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 PALINGS ORCHARD?

PALINGS ORCHARD is located on MANSFIELD ROAD in EDINGLEY, in the NG22 postcode district. The below map shows the position of PALINGS ORCHARD on MANSFIELD ROAD.