THE SCYPEN, RADLEY ROAD, HALAM, NEWARK, NG22 8AQ - £400,000

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 SCYPEN is a small extended detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £650,805. It was last sold for £400,000 in November 2012, which was around 85% above the average November 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

THE SCYPEN Sold Prices

Land registry data shows two sales for THE SCYPEN 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 SCYPEN 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 14 NOV	£400,000	£216,343	85% above HPI
2002 26 SEP	£375,000	£146,950	155% above HPI

THE SCYPEN 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 SCYPEN sales from September 2002 and November 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 September 2002 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the November 2012 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might THE SCYPEN be worth now?

THE SCYPEN might now be worth an estimated £650,805.

This is based on house price inflation of 62.7%, between November 2012 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 62.7% inflationary increase is applied to the most recent sale price for THE SCYPEN of £400,000 on 14th November 2012. For the value to have increased from £400,000 to £650,805 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of THE SCYPEN has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2012 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of THE SCYPEN has not materially changed since November 2012.

How Large is THE SCYPEN?

THE SCYPEN is 152m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses houses in Halam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halam, and where THE SCYPEN lies on this distribution: 32% of detached houses houses are smaller than THE SCYPEN, and 68% of houses are larger. Note that EPC data is not available for all properties in Halam.

THE SCYPEN: Plot and Title Map

THE SCYPEN sits on a plot of roughly 0.277 of an acre, or 1,121m². The below map shows the location of THE SCYPEN, 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 SCYPEN). 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 SCYPEN?

THE SCYPEN is located on RADLEY ROAD in HALAM, in the NG22 postcode district. The below map shows the position of THE SCYPEN on RADLEY ROAD.