TARA, ASHMORE AVENUE, SUTTON-IN-ASHFIELD, NG17 2GU - £240,000

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

TARA is a very large extended detached house of 142m², built sometime between 1950 and 1966, which could now be worth an estimated £422,895. It was last sold for £240,000 in February 2014, which was around 58% above the average February 2014 detached price in the Ashfield local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

TARA Sold Prices

Land registry data shows two sales for TARA 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 TARA 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
2014 14 FEB	£240,000	£151,662	58% above HPI
2004 2 JUL	£225,000	£142,153	58% above HPI

TARA 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 TARA sales from July 2004 and February 2014 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 July 2004 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2014 sale, which was also at 58% above the HPI.

What might TARA be worth now?

TARA might now be worth an estimated £422,895.

This is based on house price inflation of 76.2%, between February 2014 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 76.2% inflationary increase is applied to the most recent sale price for TARA of £240,000 on 14th February 2014. For the value to have increased from £240,000 to £422,895 over the eleven years to February 2025, the following assumptions must hold true:

• The value of TARA has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The February 2014 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of TARA has not materially changed since February 2014.

How Large is TARA?

TARA is 142m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses houses in Sutton in Ashfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton in Ashfield, and where TARA lies on this distribution: 89% of detached houses houses are smaller than TARA, and 11% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

TARA: Plot and Title Map

TARA sits on a plot of roughly 0.333 of an acre, or 1,346m². The below map shows the location of TARA, 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 TARA). 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 TARA?

TARA is located on ASHMORE AVENUE in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of TARA on ASHMORE AVENUE.