TARA, MAIN STREET, BATHLEY, NEWARK, NG23 6DA - £145,000

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

TARA is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £145,000 in December 2009, which was around 29% below the average December 2009 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

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 Newark and Sherwood local authority area for the corresponding sale date. Both of the two TARA 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
2009 18 DEC	£145,000	£204,023	29% below HPI
1995 20 OCT	£60,000	£70,060	14% below HPI

TARA 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 TARA sales from October 1995 and December 2009 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 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2009 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is TARA?

TARA is 73m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses in Bathley, based on EPC data. The below chart shows the distribution of detached houses by size in Bathley, and where TARA lies on this distribution: 4% of detached houses are smaller than TARA, and 96% of houses are larger. Note that EPC data is not available for all properties in Bathley.

TARA: Plot and Title Map

TARA sits on a plot of roughly 0.161 of an acre, or 652m². 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 MAIN STREET in BATHLEY, in the NG23 postcode district. The below map shows the position of TARA on MAIN STREET.