TWIN FIRS, WELLOW ROAD, OLLERTON, NEWARK, NG22 9AH - £212,500

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

TWIN FIRS is a very large detached house of 366m², built sometime between 1996 and 2002. It was last sold for £212,500 in January 2004, which was around 18% above the average January 2004 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

TWIN FIRS Sold Prices

Land registry data shows three sales for TWIN FIRS 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 TWIN FIRS 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
2004 30 JAN	£212,500	£179,830	18% above HPI
2002 4 OCT	£179,950	£143,192	26% above HPI
1995 24 NOV	£85,000	£70,174	21% above HPI

TWIN FIRS 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 TWIN FIRS sales between November 1995 and January 2004 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 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2004 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is TWIN FIRS?

TWIN FIRS is 366m² according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where TWIN FIRS lies on this distribution: More than 99% of detached houses are smaller than TWIN FIRS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

TWIN FIRS: Plot and Title Map

TWIN FIRS sits on a plot of roughly 0.274 of an acre, or 1,107m². The below map shows the location of TWIN FIRS, 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 TWIN FIRS). 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 TWIN FIRS?

TWIN FIRS is located on WELLOW ROAD in OLLERTON, in the NG22 postcode district. The below map shows the position of TWIN FIRS on WELLOW ROAD.