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

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

THREE PINES is a large extended detached house of 205m², built sometime between 1950 and 1966. It was last sold for £600,000 in April 2021, which was around 110% 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	£285,619	110% above HPI
2013 16 AUG	£341,500	£209,253	63% above HPI
2005 21 SEP	£345,000	£207,291	66% above HPI
1996 3 OCT	£103,000	£73,907	39% 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 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the April 2021 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

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 in Hoveringham, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveringham, and where THREE PINES lies on this distribution: 63% of detached 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 0.215 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.