PALIS HALL, BATHLEY LANE, NORWELL, NEWARK, NG23 6JU - £590,000

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

PALIS HALL is a very large extended semi-detached house of 250m², built sometime before 1900. It was last sold for £590,000 in June 2014, which was around 168% above the average June 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2012, where the current energy rating was F, and the potential energy rating was D.

PALIS HALL Sold Prices

Land registry data shows three sales for PALIS HALL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three PALIS HALL 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
2014 30 JUN	£590,000	£220,265	168% above HPI
2001 9 FEB	£270,000	£97,421	177% above HPI
2000 10 NOV	£275,000	£100,595	173% above HPI

PALIS HALL 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 three PALIS HALL sales between November 2000 and June 2014 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 2001 sale was for 177% above the HPI. So the extrapolation line tracks at 177% above the HPI over time, until the June 2014 sale, where it falls to 168% above the HPI. The line then continues to track at 168% above the HPI.

How Large is PALIS HALL?

PALIS HALL is 250m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses in Norwell, based on EPC data. The below chart shows the distribution of detached houses by size in Norwell, and where PALIS HALL lies on this distribution: 93% of detached houses are smaller than PALIS HALL, and 7% of houses are larger. Note that EPC data is not available for all properties in Norwell.

PALIS HALL: Plot and Title Map

PALIS HALL sits on a plot of roughly 2.4 acres, or 9,819m². The below map shows the location of PALIS HALL, 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 PALIS HALL). 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 PALIS HALL?

PALIS HALL is located on BATHLEY LANE in NORWELL, in the NG23 postcode district. The below map shows the position of PALIS HALL on BATHLEY LANE.