THE LIMES, LOW STREET, ELSTON, NEWARK, NG23 5PA - £230,000

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 LIMES is a very large extended detached house of 268m², built sometime between 1967 and 1975. It was last sold for £230,000 in October 2012, which was around 12% above the average October 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

THE LIMES Sold Prices

Land registry data shows two sales for THE LIMES 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 LIMES 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 8 OCT	£230,000	£205,896	12% above HPI
2001 8 AUG	£144,000	£109,668	31% above HPI

THE LIMES 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 LIMES sales from August 2001 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 August 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2012 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE LIMES?

THE LIMES is 268m², which includes three extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% 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 LIMES lies on this distribution: 99% of detached houses are smaller than THE LIMES, and 1% of houses are larger. Note that EPC data is not available for all properties in Elston.

THE LIMES: Plot and Title Map

THE LIMES sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of THE LIMES, 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 LIMES). 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 LIMES?

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