SAN MARINO, BACK LANE, HUTHWAITE, SUTTON-IN-ASHFIELD, NG17 2LL - £220,000

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.

SAN MARINO is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £217,787. It was last sold for £220,000 in September 2022, which was around 19% below the average September 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

SAN MARINO Sold Prices

Land registry data shows two sales for SAN MARINO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two SAN MARINO 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
2022 9 SEP	£220,000	£269,954	19% below HPI
2017 16 OCT	£105,000	£192,316	45% below HPI

SAN MARINO Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two SAN MARINO sales from October 2017 and September 2022 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 October 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might SAN MARINO be worth now?

SAN MARINO might now be worth an estimated £217,787.

This is based on house price deflation of 1%, between September 2022 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for SAN MARINO of £220,000 on 9th September 2022. For the value to have decreased from £220,000 to £217,787 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of SAN MARINO has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The September 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of SAN MARINO has not materially changed since September 2022.

How Large is SAN MARINO?

SAN MARINO is 74m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses houses in Huthwaite, based on EPC data. The below chart shows the distribution of detached houses houses by size in Huthwaite, and where SAN MARINO lies on this distribution: 18% of detached houses houses are smaller than SAN MARINO, and 81% of houses are larger. Note that EPC data is not available for all properties in Huthwaite.

SAN MARINO: Plot and Title Map

SAN MARINO sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of SAN MARINO, 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 SAN MARINO). 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 SAN MARINO?

SAN MARINO is located on BACK LANE in HUTHWAITE, in the NG17 postcode district. The below map shows the position of SAN MARINO on BACK LANE.