THE SADDLERS, CHURCH STREET, OLLERTON, NEWARK, NG22 9AB - £245,000

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 SADDLERS is a small detached house of 94m², built sometime between 2007 and 2011, which could now be worth an estimated £248,123. It was last sold for £245,000 in November 2023, which was around 30% below the average November 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

THE SADDLERS Sold Prices

Land registry data shows three sales for THE SADDLERS 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. All of the three THE SADDLERS sales were 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 10 NOV	£245,000	£347,562	30% below HPI
2010 28 OCT	£162,000	£218,517	26% below HPI
2009 30 OCT	£166,000	£210,949	21% below HPI

THE SADDLERS 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 SADDLERS sales between October 2009 and November 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 October 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might THE SADDLERS be worth now?

THE SADDLERS might now be worth an estimated £248,123.

This is based on house price inflation of 1.3%, between November 2023 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 1.3% inflationary increase is applied to the most recent sale price for THE SADDLERS of £245,000 on 10th November 2023. For the value to have increased from £245,000 to £248,123 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of THE SADDLERS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of THE SADDLERS has not materially changed since November 2023.

How Large is THE SADDLERS?

THE SADDLERS is 94m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ollerton, and where THE SADDLERS lies on this distribution: 32% of detached houses houses are smaller than THE SADDLERS, and 67% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

THE SADDLERS: Plot and Title Map

THE SADDLERS sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of THE SADDLERS, 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 SADDLERS). 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 SADDLERS?

THE SADDLERS is located on CHURCH STREET in OLLERTON, in the NG22 postcode district. The below map shows the position of THE SADDLERS on CHURCH STREET.