SPRINGWOOD HOUSE, CHURCH LANE, SOUTH MUSKHAM, NEWARK, NG23 6EQ - £310,000

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

SPRINGWOOD HOUSE is a very large detached house of 197m², built sometime between 1996 and 2002. It was last sold for £310,000 in October 2010, which was around 48% above the average October 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

SPRINGWOOD HOUSE Sold Prices

Land registry data shows three sales for SPRINGWOOD HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the three SPRINGWOOD HOUSE sales were for above the average price, whilst one was 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
2010 1 OCT	£310,000	£209,907	48% above HPI
2002 29 APR	£205,000	£109,056	88% above HPI
2001 29 NOV	£50,000	£110,845	55% below HPI

SPRINGWOOD HOUSE 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 three SPRINGWOOD HOUSE sales between November 2001 and October 2010 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 April 2002 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the October 2010 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is SPRINGWOOD HOUSE?

SPRINGWOOD HOUSE is 197m² according to the EPC inspection conducted in September 2009. This puts it in the largest 20% of detached houses in South Muskham, based on EPC data. The below chart shows the distribution of detached houses by size in South Muskham, and where SPRINGWOOD HOUSE lies on this distribution: 88% of detached houses are smaller than SPRINGWOOD HOUSE, and 13% of houses are larger. Note that EPC data is not available for all properties in South Muskham.

SPRINGWOOD HOUSE: Plot and Title Map

SPRINGWOOD HOUSE sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of SPRINGWOOD HOUSE, 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 SPRINGWOOD HOUSE). 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 SPRINGWOOD HOUSE?

SPRINGWOOD HOUSE is located on CHURCH LANE in SOUTH MUSKHAM, in the NG23 postcode district. The below map shows the position of SPRINGWOOD HOUSE on CHURCH LANE.