REDLANDS, STATION ROAD, EDINGLEY, NEWARK, NG22 8BX - £92,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

REDLANDS is a very small extended detached house of 138m², built sometime before 1900, which could now be worth an estimated £319,309. It was last sold for £92,000 in February 2001, which was around 9% below the average February 2001 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

REDLANDS Sold Prices

Land registry data shows two sales for REDLANDS 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 REDLANDS sales were for below 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
2001 2 FEB	£92,000	£101,417	9% below HPI
1997 15 SEP	£36,000	£82,953	57% below HPI

REDLANDS 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 REDLANDS sales from September 1997 and February 2001 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 September 1997 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the February 2001 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might REDLANDS be worth now?

REDLANDS might now be worth an estimated £319,309.

This is based on house price inflation of 247.1%, between February 2001 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 247.1% inflationary increase is applied to the most recent sale price for REDLANDS of £92,000 on 2nd February 2001. For the value to have increased from £92,000 to £319,309 over the 24 years to February 2025, the following assumptions must hold true:

• The value of REDLANDS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2001 sale price of £92,000 represented a fair market value for the property.
• The size, condition, and specification of REDLANDS has not materially changed since February 2001.

How Large is REDLANDS?

REDLANDS is 138m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses houses in Edingley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edingley, and where REDLANDS lies on this distribution: 15% of detached houses houses are smaller than REDLANDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Edingley.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of REDLANDS, 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 REDLANDS). 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 REDLANDS?

REDLANDS is located on STATION ROAD in EDINGLEY, in the NG22 postcode district. The below map shows the position of REDLANDS on STATION ROAD.