WAVERLEY, CHURCH ROAD, HARBY, NEWARK, NG23 7ED - £265,000

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.

WAVERLEY is a small extended detached house of 101m², built sometime between 1930 and 1949, which could now be worth an estimated £337,764. It was last sold for £265,000 in February 2019, which was around 4% below the average February 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was F.

WAVERLEY Sold Prices

Land registry data shows three sales for WAVERLEY 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. Two of the three WAVERLEY sales were for below the average price, whilst one was 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
2019 14 FEB	£265,000	£276,164	4% below HPI
2011 19 OCT	£220,000	£213,996	3% above HPI
2007 17 JAN	£219,000	£220,964	1% below HPI

WAVERLEY 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 WAVERLEY sales between January 2007 and February 2019 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 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might WAVERLEY be worth now?

WAVERLEY might now be worth an estimated £337,764.

This is based on house price inflation of 27.5%, between February 2019 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 27.5% inflationary increase is applied to the most recent sale price for WAVERLEY of £265,000 on 14th February 2019. For the value to have increased from £265,000 to £337,764 over the six years to February 2025, the following assumptions must hold true:

• The value of WAVERLEY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of WAVERLEY has not materially changed since February 2019.

How Large is WAVERLEY?

WAVERLEY is 101m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% of detached houses houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where WAVERLEY lies on this distribution: 37% of detached houses houses are smaller than WAVERLEY, and 63% of houses are larger. Note that EPC data is not available for all properties in Harby.

WAVERLEY: Plot and Title Map

WAVERLEY sits on a plot of roughly 0.296 of an acre, or 1,199m². The below map shows the location of WAVERLEY, 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 WAVERLEY). 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 WAVERLEY?

WAVERLEY is located on CHURCH ROAD in HARBY, in the NG23 postcode district. The below map shows the position of WAVERLEY on CHURCH ROAD.