THE OLD BARN, CHURCH ROAD, BOUGHTON, NEWARK, NG22 9JY - £370,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE OLD BARN is a very large extended detached house of 137m², built sometime between 1900 and 1929. It was last sold for £370,000 in May 2023, which was around 13% above the average May 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

THE OLD BARN Sold Prices

Land registry data shows three sales for THE OLD BARN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the three THE OLD BARN sales were for above the average price, whilst one was for below 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
2023 5 MAY	£370,000	£326,855	13% above HPI
2012 8 JUN	£250,000	£191,062	31% above HPI
2003 27 JUN	£145,000	£165,839	13% below HPI

THE OLD BARN 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 three THE OLD BARN sales between June 2003 and May 2023 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 June 2012 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2023 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE OLD BARN?

THE OLD BARN is 137m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in Boughton, based on EPC data. The below chart shows the distribution of detached houses by size in Boughton, and where THE OLD BARN lies on this distribution: 87% of detached houses are smaller than THE OLD BARN, and 11% of houses are larger. Note that EPC data is not available for all properties in Boughton.

THE OLD BARN: Plot and Title Map

THE OLD BARN sits on a plot of roughly 0.311 of an acre, or 1,260m². The below map shows the location of THE OLD BARN, 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 OLD BARN). 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 OLD BARN?

THE OLD BARN is located on CHURCH ROAD in BOUGHTON, in the NG22 postcode district. The below map shows the position of THE OLD BARN on CHURCH ROAD.