THE CROFT, CHAPEL LANE, CAUNTON, NEWARK, NG23 6AN - £356,000

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 CROFT is a midsized extended detached house of 149m², built sometime before 1900. It was last sold for £356,000 in October 2012, which was around 73% above the average October 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

THE CROFT Sold Prices

Land registry data shows two sales for THE CROFT 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 CROFT 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
2012 26 OCT	£356,000	£205,896	73% above HPI
2002 24 JUL	£170,000	£134,634	26% above HPI

THE CROFT 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 CROFT sales from July 2002 and October 2012 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 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2012 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is THE CROFT?

THE CROFT is 149m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses in Caunton, based on EPC data. The below chart shows the distribution of detached houses by size in Caunton, and where THE CROFT lies on this distribution: 41% of detached houses are smaller than THE CROFT, and 59% of houses are larger. Note that EPC data is not available for all properties in Caunton.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.267 of an acre, or 1,080m². The below map shows the location of THE CROFT, 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 CROFT). 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 CROFT?

THE CROFT is located on CHAPEL LANE in CAUNTON, in the NG23 postcode district. The below map shows the position of THE CROFT on CHAPEL LANE.