PARKSIDE, MAIN STREET, NORTH MUSKHAM, NEWARK, NG23 6EZ - £344,000

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

PARKSIDE is a midsized detached house of 129m², built sometime between 1983 and 1990. It was last sold for £344,000 in March 2021, which was around 19% above the average March 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

PARKSIDE Sold Prices

Land registry data shows two sales for PARKSIDE 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 PARKSIDE 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 12 MAR	£344,000	£289,565	19% above HPI
2017 6 MAR	£250,000	£240,522	4% above HPI

PARKSIDE 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 PARKSIDE sales from March 2017 and March 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 March 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is PARKSIDE?

PARKSIDE is 129m² according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses by size in North Muskham, and where PARKSIDE lies on this distribution: 51% of detached houses are smaller than PARKSIDE, and 48% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

PARKSIDE: Plot and Title Map

PARKSIDE sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of PARKSIDE, 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 PARKSIDE). 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 PARKSIDE?

PARKSIDE is located on MAIN STREET in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of PARKSIDE on MAIN STREET.