THE HOLLIES, MAIN STREET, BATHLEY, NEWARK, NG23 6DG - £355,000

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 HOLLIES is a very large detached house of 229m², built sometime before 1900. It was last sold for £355,000 in May 2017, which was around 38% above the average May 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

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
2017 11 MAY	£355,000	£256,542	38% above HPI
2014 3 NOV	£325,000	£230,245	41% 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 November 2014 and May 2017 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 November 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2017 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might THE HOLLIES be worth now?

THE HOLLIES might now be worth an estimated £496,819.

This is based on house price inflation of 39.9%, between May 2017 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 39.9% inflationary increase is applied to the most recent sale price for THE HOLLIES of £355,000 on 11th May 2017. For the value to have increased from £355,000 to £496,819 over the six years and five months to December 2024, 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 May 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOLLIES has not materially changed since May 2017.

How Large is THE HOLLIES?

THE HOLLIES is 229m² according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses houses in Bathley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bathley, and where THE HOLLIES lies on this distribution: 83% of detached houses houses are smaller than THE HOLLIES, and 17% of houses are larger. Note that EPC data is not available for all properties in Bathley.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.321 of an acre, or 1,299m². 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 MAIN STREET in BATHLEY, in the NG23 postcode district. The below map shows the position of THE HOLLIES on MAIN STREET.