WARRATAH, BATHLEY LANE, NORWELL, NEWARK, NG23 6JS - £250,000

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.

WARRATAH is a very small extended detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £257,093. It was last sold for £250,000 in July 2024, which was around 27% below the average July 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2015, where the current energy rating was F, and the potential energy rating was B.

WARRATAH Sold Prices

Land registry data shows two sales for WARRATAH 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 WARRATAH sales were for below 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
2024 19 JUL	£250,000	£342,282	27% below HPI
2015 24 MAR	£175,000	£231,302	24% below HPI

WARRATAH 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 WARRATAH sales from March 2015 and July 2024 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 March 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might WARRATAH be worth now?

WARRATAH might now be worth an estimated £257,093.

This is based on house price inflation of 2.8%, between July 2024 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 2.8% inflationary increase is applied to the most recent sale price for WARRATAH of £250,000 on 19th July 2024. For the value to have increased from £250,000 to £257,093 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of WARRATAH has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of WARRATAH has not materially changed since July 2024.

How Large is WARRATAH?

WARRATAH is 92m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses houses in Norwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwell, and where WARRATAH lies on this distribution: 10% of detached houses houses are smaller than WARRATAH, and 90% of houses are larger. Note that EPC data is not available for all properties in Norwell.

WARRATAH: Plot and Title Map

WARRATAH sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of WARRATAH, 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 WARRATAH). 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 WARRATAH?

WARRATAH is located on BATHLEY LANE in NORWELL, in the NG23 postcode district. The below map shows the position of WARRATAH on BATHLEY LANE.