TAREE, FISKERTON ROAD, ROLLESTON, NEWARK, NG23 5SH - £350,000

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

TAREE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £350,000 in December 2018, which was around 28% above the average December 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2016, where the current energy rating was F, and the potential energy rating was C.

TAREE Sold Prices

Land registry data shows two sales for TAREE 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. One of the two TAREE sales was for above the average price, whilst the other 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
2018 14 DEC	£350,000	£274,157	28% above HPI
2017 21 FEB	£179,000	£240,985	26% below HPI

TAREE 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 TAREE sales from February 2017 and December 2018 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is TAREE?

TAREE is 75m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Rolleston, based on EPC data. The below chart shows the distribution of detached houses by size in Rolleston, and where TAREE lies on this distribution: 2% of detached houses are smaller than TAREE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rolleston.

TAREE: Plot and Title Map

TAREE sits on a plot of roughly 0.170 of an acre, or 690m². The below map shows the location of TAREE, 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 TAREE). 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 TAREE?

TAREE is located on FISKERTON ROAD in ROLLESTON, in the NG23 postcode district. The below map shows the position of TAREE on FISKERTON ROAD.