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

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

WARRATAH is a very small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £250,000 in July 2024, which was around 29% 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	£350,462	29% below HPI
2015 24 MAR	£175,000	£222,188	21% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

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 20% of detached houses in Norwell, based on EPC data. The below chart shows the distribution of detached houses by size in Norwell, and where WARRATAH lies on this distribution: 10% of detached 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.