THE HOLLIES, HIGH STREET, HARBY, NEWARK, NG23 7EB - £357,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE HOLLIES is a very large extended detached house of 249m², built sometime between 1991 and 1995, which could now be worth an estimated £509,253. It was last sold for £357,500 in November 2015, which was around 45% above the average November 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

THE HOLLIES Sold Prices

Land registry data shows two sales for THE HOLLIES 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 HOLLIES 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
2015 19 NOV	£357,500	£247,102	45% above HPI
2002 6 SEP	£160,000	£146,950	9% above HPI

THE HOLLIES 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 HOLLIES sales from September 2002 and November 2015 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 September 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2015 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might THE HOLLIES be worth now?

THE HOLLIES might now be worth an estimated £509,253.

This is based on house price inflation of 42.4%, between November 2015 and February 2025, 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 42.4% inflationary increase is applied to the most recent sale price for THE HOLLIES of £357,500 on 19th November 2015. For the value to have increased from £357,500 to £509,253 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of THE HOLLIES has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2015 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of THE HOLLIES has not materially changed since November 2015.

How Large is THE HOLLIES?

THE HOLLIES is 249m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where THE HOLLIES lies on this distribution: 92% of detached houses houses are smaller than THE HOLLIES, and 8% of houses are larger. Note that EPC data is not available for all properties in Harby.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.294 of an acre, or 1,190m². The below map shows the location of THE HOLLIES, 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 HOLLIES). 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 HOLLIES?

THE HOLLIES is located on HIGH STREET in HARBY, in the NG23 postcode district. The below map shows the position of THE HOLLIES on HIGH STREET.