THE BERRIES, LONG LANE, TUXFORD, NEWARK, NG22 0LS - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE BERRIES is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £240,000 in January 2024, which was around 15% below the average January 2024 detached price in the Bassetlaw local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

THE BERRIES Sold Prices

Land registry data shows five sales for THE BERRIES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the five THE BERRIES 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
2024 22 JAN	£240,000	£280,766	15% below HPI
2016 4 MAR	£190,000	£194,919	3% below HPI
2015 25 FEB	£133,000	£186,391	29% below HPI
2005 14 JUL	£155,000	£179,244	14% below HPI
2002 7 MAR	£90,000	£92,365	3% below HPI

THE BERRIES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The five THE BERRIES sales between March 2002 and January 2024 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 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THE BERRIES?

THE BERRIES is 99m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses in Tuxford, based on EPC data. The below chart shows the distribution of detached houses by size in Tuxford, and where THE BERRIES lies on this distribution: 33% of detached houses are smaller than THE BERRIES, and 66% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

THE BERRIES: Plot and Title Map

THE BERRIES sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of THE BERRIES, 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 THE BERRIES). 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 THE BERRIES?

THE BERRIES is located on LONG LANE in TUXFORD, in the NG22 postcode district. The below map shows the position of THE BERRIES on LONG LANE.