THE POPLARS, STAYTHORPE ROAD, AVERHAM, NEWARK, NG23 5RA - £395,000

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 POPLARS is a midsized extended detached house of 159m², built sometime between 1967 and 1975. It was last sold for £395,000 in April 2021, which was around 38% above the average April 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

THE POPLARS Sold Prices

Land registry data shows two sales for THE POPLARS 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 POPLARS 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
2021 6 APR	£395,000	£285,619	38% above HPI
1997 26 SEP	£105,000	£79,684	32% above HPI

THE POPLARS 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 POPLARS sales from September 1997 and April 2021 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 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is THE POPLARS?

THE POPLARS is 159m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses in Averham, based on EPC data. The below chart shows the distribution of detached houses by size in Averham, and where THE POPLARS lies on this distribution: 57% of detached houses are smaller than THE POPLARS, and 43% of houses are larger. Note that EPC data is not available for all properties in Averham.

THE POPLARS: Plot and Title Map

THE POPLARS sits on a plot of roughly 1.4 acres, or 5,619m². The below map shows the location of THE POPLARS, 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 POPLARS). 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 POPLARS?

THE POPLARS is located on STAYTHORPE ROAD in AVERHAM, in the NG23 postcode district. The below map shows the position of THE POPLARS on STAYTHORPE ROAD.