ROEWOOD LODGE, BLEASBY ROAD, THURGARTON, NOTTINGHAM, NG14 7FW - £467,500

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.

ROEWOOD LODGE is a midsized extended detached house of 189m², built sometime between 1950 and 1966, which could now be worth an estimated £595,866. It was last sold for £467,500 in February 2019, which was around 69% above the average February 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was C.

ROEWOOD LODGE Sold Prices

Land registry data shows two sales for ROEWOOD LODGE 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 ROEWOOD LODGE 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
2019 18 FEB	£467,500	£276,164	69% above HPI
2014 14 NOV	£325,000	£230,245	41% above HPI

ROEWOOD LODGE 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 ROEWOOD LODGE sales from November 2014 and February 2019 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 November 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2019 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might ROEWOOD LODGE be worth now?

ROEWOOD LODGE might now be worth an estimated £595,866.

This is based on house price inflation of 27.5%, between February 2019 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 27.5% inflationary increase is applied to the most recent sale price for ROEWOOD LODGE of £467,500 on 18th February 2019. For the value to have increased from £467,500 to £595,866 over the six years to February 2025, the following assumptions must hold true:

• The value of ROEWOOD LODGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2019 sale price of £467,500 represented a fair market value for the property.
• The size, condition, and specification of ROEWOOD LODGE has not materially changed since February 2019.

How Large is ROEWOOD LODGE?

ROEWOOD LODGE is 189m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses houses in Thurgarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurgarton, and where ROEWOOD LODGE lies on this distribution: 57% of detached houses houses are smaller than ROEWOOD LODGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Thurgarton.

ROEWOOD LODGE: Plot and Title Map

ROEWOOD LODGE sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of ROEWOOD LODGE, 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 ROEWOOD LODGE). 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 ROEWOOD LODGE?

ROEWOOD LODGE is located on BLEASBY ROAD in THURGARTON, in the NG14 postcode district. The below map shows the position of ROEWOOD LODGE on BLEASBY ROAD.