PARKLANDS, LOWDHAM ROAD, GUNTHORPE, NOTTINGHAM, NG14 7ES - £427,500

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

PARKLANDS is a small extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £427,500 in August 2013, which was around 104% above the average August 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

PARKLANDS Sold Prices

Land registry data shows two sales for PARKLANDS 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 PARKLANDS 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
2013 5 AUG	£427,500	£209,253	104% above HPI
1998 28 AUG	£160,000	£84,141	90% above HPI

PARKLANDS 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 PARKLANDS sales from August 1998 and August 2013 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 August 1998 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the August 2013 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

How Large is PARKLANDS?

PARKLANDS is 118m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of detached houses in Gunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Gunthorpe, and where PARKLANDS lies on this distribution: 32% of detached houses are smaller than PARKLANDS, and 68% of houses are larger. Note that EPC data is not available for all properties in Gunthorpe.

PARKLANDS: Plot and Title Map

PARKLANDS sits on a plot of roughly 4.2 acres, or 16,979m². The below map shows the location of PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

PARKLANDS is located on LOWDHAM ROAD in GUNTHORPE, in the NG14 postcode district. The below map shows the position of PARKLANDS on LOWDHAM ROAD.