THE ELMS, MANOR VIEW, CAUNTON, NEWARK, NG23 6AW - £529,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE ELMS is a very large extended detached house of 303m², built sometime from 2012 onwards, which could now be worth an estimated £822,683. It was last sold for £529,950 in July 2007, which was around 129% above the average July 2007 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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 ELMS 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
2007 2 JUL	£529,950	£231,276	129% above HPI
2002 12 JUL	£350,000	£140,156	150% above HPI

THE ELMS 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 ELMS sales from July 2002 and July 2007 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 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the July 2007 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might THE ELMS be worth now?

THE ELMS might now be worth an estimated £822,683.

This is based on house price inflation of 55.2%, between July 2007 and December 2024, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.2% inflationary increase is applied to the most recent sale price for THE ELMS of £529,950 on 2nd July 2007. For the value to have increased from £529,950 to £822,683 over the sixteen years and seven months to December 2024, the following assumptions must hold true:

• The value of THE ELMS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2007 sale price of £529,950 represented a fair market value for the property.
• The size, condition, and specification of THE ELMS has not materially changed since July 2007.

How Large is THE ELMS?

THE ELMS is 303m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses houses in Caunton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caunton, and where THE ELMS lies on this distribution: 90% of detached houses houses are smaller than THE ELMS, and 10% of houses are larger. Note that EPC data is not available for all properties in Caunton.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.265 of an acre, or 1,072m². The below map shows the location of THE ELMS, 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 ELMS). 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 ELMS?

THE ELMS is located on MANOR VIEW in CAUNTON, in the NG23 postcode district. The below map shows the position of THE ELMS on MANOR VIEW.