THE CLAYS, LOW STREET, ELSTON, NEWARK, NG23 5PA - £339,000

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

THE CLAYS is a small extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £339,000 in September 2018, which was around 24% above the average September 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

THE CLAYS Sold Prices

Land registry data shows two sales for THE CLAYS 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 THE CLAYS 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
2018 27 SEP	£339,000	£272,429	24% above HPI
1999 3 AUG	£120,000	£87,863	37% above HPI

THE CLAYS 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 THE CLAYS sales from August 1999 and September 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 August 1999 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2018 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is THE CLAYS?

THE CLAYS is 111m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where THE CLAYS lies on this distribution: 25% of detached houses are smaller than THE CLAYS, and 75% of houses are larger. Note that EPC data is not available for all properties in Elston.

THE CLAYS: Plot and Title Map

THE CLAYS sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of THE CLAYS, 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 CLAYS). 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 CLAYS?

THE CLAYS is located on LOW STREET in ELSTON, in the NG23 postcode district. The below map shows the position of THE CLAYS on LOW STREET.