PANTILES, MILL ROAD, ELSTON, NEWARK, NG23 5NR - £399,950

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

PANTILES is a midsized extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £399,950 in February 2021, which was around 38% above the average February 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.

PANTILES Sold Prices

Land registry data shows two sales for PANTILES 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 PANTILES 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
2021 10 FEB	£399,950	£289,202	38% above HPI
2018 20 JUL	£305,000	£261,214	17% above HPI

PANTILES 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 PANTILES sales from July 2018 and February 2021 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 2018 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is PANTILES?

PANTILES is 142m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where PANTILES lies on this distribution: 48% of detached houses are smaller than PANTILES, and 51% of houses are larger. Note that EPC data is not available for all properties in Elston.

PANTILES: Plot and Title Map

PANTILES sits on a plot of roughly 0.254 of an acre, or 1,029m². The below map shows the location of PANTILES, 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 PANTILES). 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 PANTILES?

PANTILES is located on MILL ROAD in ELSTON, in the NG23 postcode district. The below map shows the position of PANTILES on MILL ROAD.