TREMONT, BACK LANE, HALAM, NEWARK, NG22 8AG - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TREMONT is a large extended detached house of 214m², built sometime between 1976 and 1982. It was last sold for £290,000 in November 2011, which was around 43% above the average November 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

TREMONT Sold Prices

Land registry data shows two sales for TREMONT 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 TREMONT 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
2011 2 NOV	£290,000	£202,715	43% above HPI
2008 28 OCT	£250,000	£205,744	22% above HPI

TREMONT 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 TREMONT sales from October 2008 and November 2011 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 2008 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2011 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is TREMONT?

TREMONT is 214m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 40% of detached houses in Halam, based on EPC data. The below chart shows the distribution of detached houses by size in Halam, and where TREMONT lies on this distribution: 64% of detached houses are smaller than TREMONT, and 36% of houses are larger. Note that EPC data is not available for all properties in Halam.

TREMONT: Plot and Title Map

TREMONT sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of TREMONT, 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 TREMONT). 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 TREMONT?

TREMONT is located on BACK LANE in HALAM, in the NG22 postcode district. The below map shows the position of TREMONT on BACK LANE.