STEEPLE HOUSE, HIGH STREET, SOUTH CLIFTON, NEWARK, NG23 7AD - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

STEEPLE HOUSE is a very small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £165,000 in August 2023, which was around 52% below the average August 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

STEEPLE HOUSE Sold Prices

Land registry data shows two sales for STEEPLE HOUSE 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 STEEPLE HOUSE 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
2023 25 AUG	£165,000	£346,444	52% below HPI
2001 16 MAR	£81,000	£101,053	20% below HPI

STEEPLE 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 two STEEPLE HOUSE sales from March 2001 and August 2023 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 March 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2023 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might STEEPLE HOUSE be worth now?

STEEPLE HOUSE might now be worth an estimated £170,993.

This is based on house price inflation of 3.6%, between August 2023 and December 2024, 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 3.6% inflationary increase is applied to the most recent sale price for STEEPLE HOUSE of £165,000 on 25th August 2023. For the value to have increased from £165,000 to £170,993 over the eight months to December 2024, the following assumptions must hold true:

• The value of STEEPLE HOUSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2023 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of STEEPLE HOUSE has not materially changed since August 2023.

How Large is STEEPLE HOUSE?

STEEPLE HOUSE is 90m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses houses in South Clifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Clifton, and where STEEPLE HOUSE lies on this distribution: 18% of detached houses houses are smaller than STEEPLE HOUSE, and 80% of houses are larger. Note that EPC data is not available for all properties in South Clifton.

STEEPLE HOUSE: Plot and Title Map

STEEPLE HOUSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of STEEPLE 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 STEEPLE 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 STEEPLE HOUSE?

STEEPLE HOUSE is located on HIGH STREET in SOUTH CLIFTON, in the NG23 postcode district. The below map shows the position of STEEPLE HOUSE on HIGH STREET.