SOUTH SHERRARDS BARN, OLD EPPERSTONE ROAD, LOWDHAM, NOTTINGHAM, NG14 7BZ - £435,000

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.

SOUTH SHERRARDS BARN is a large extended detached house of 153m², built sometime between 1996 and 2002, which could now be worth an estimated £553,126. It was last sold for £435,000 in February 2020, which was around 57% above the average February 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

SOUTH SHERRARDS BARN Sold Prices

Land registry data shows two sales for SOUTH SHERRARDS BARN 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 SOUTH SHERRARDS BARN 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
2020 21 FEB	£435,000	£276,821	57% above HPI
2017 24 FEB	£387,000	£250,869	54% above HPI

SOUTH SHERRARDS BARN 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 SOUTH SHERRARDS BARN sales from February 2017 and February 2020 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 February 2017 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2020 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might SOUTH SHERRARDS BARN be worth now?

SOUTH SHERRARDS BARN might now be worth an estimated £553,126.

This is based on house price inflation of 27.2%, between February 2020 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 27.2% inflationary increase is applied to the most recent sale price for SOUTH SHERRARDS BARN of £435,000 on 21st February 2020. For the value to have increased from £435,000 to £553,126 over the five years to February 2025, the following assumptions must hold true:

• The value of SOUTH SHERRARDS BARN has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTH SHERRARDS BARN has not materially changed since February 2020.

How Large is SOUTH SHERRARDS BARN?

SOUTH SHERRARDS BARN is 153m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where SOUTH SHERRARDS BARN lies on this distribution: 74% of detached houses houses are smaller than SOUTH SHERRARDS BARN, and 26% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

SOUTH SHERRARDS BARN: Plot and Title Map

SOUTH SHERRARDS BARN sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of SOUTH SHERRARDS BARN, 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 SOUTH SHERRARDS BARN). 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 SOUTH SHERRARDS BARN?

SOUTH SHERRARDS BARN is located on OLD EPPERSTONE ROAD in LOWDHAM, in the NG14 postcode district. The below map shows the position of SOUTH SHERRARDS BARN on OLD EPPERSTONE ROAD.