THREE PINES, BOAT LANE, HOVERINGHAM, NOTTINGHAM, NG14 7JP - £600,000

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.

THREE PINES is a large extended detached house of 205m², built sometime between 1950 and 1966, which could now be worth an estimated £710,296. It was last sold for £600,000 in April 2021, which was around 102% above the average April 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

THREE PINES Sold Prices

Land registry data shows four sales for THREE PINES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four THREE PINES 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 20 APR	£600,000	£297,335	102% above HPI
2013 16 AUG	£341,500	£217,836	57% above HPI
2005 21 SEP	£345,000	£215,793	60% above HPI
1996 3 OCT	£103,000	£76,938	34% above HPI

THREE PINES 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 four THREE PINES sales between October 1996 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 August 2013 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the April 2021 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might THREE PINES be worth now?

THREE PINES might now be worth an estimated £710,296.

This is based on house price inflation of 18.4%, between April 2021 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 18.4% inflationary increase is applied to the most recent sale price for THREE PINES of £600,000 on 20th April 2021. For the value to have increased from £600,000 to £710,296 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of THREE PINES has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2021 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of THREE PINES has not materially changed since April 2021.

How Large is THREE PINES?

THREE PINES is 205m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 40% of detached houses houses in Hoveringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoveringham, and where THREE PINES lies on this distribution: 63% of detached houses houses are smaller than THREE PINES, and 38% of houses are larger. Note that EPC data is not available for all properties in Hoveringham.

THREE PINES: Plot and Title Map

THREE PINES sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of THREE PINES, 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 THREE PINES). 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 THREE PINES?

THREE PINES is located on BOAT LANE in HOVERINGHAM, in the NG14 postcode district. The below map shows the position of THREE PINES on BOAT LANE.