WEST GARTH, CHAPEL LANE, BATHLEY, NEWARK, NG23 6DF - £321,000

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

WEST GARTH is a small extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £321,000 in August 2024, which was around 9% below the average August 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2024, where the current energy rating was B, and the potential energy rating was A.

WEST GARTH Sold Prices

Land registry data shows two sales for WEST GARTH 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 WEST GARTH 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 14 AUG	£321,000	£352,292	9% below HPI
2017 21 AUG	£195,000	£253,758	23% below HPI

WEST GARTH 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 WEST GARTH sales from August 2017 and August 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 August 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is WEST GARTH?

WEST GARTH is 103m², which includes three extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses in Bathley, based on EPC data. The below chart shows the distribution of detached houses by size in Bathley, and where WEST GARTH lies on this distribution: 26% of detached houses are smaller than WEST GARTH, and 74% of houses are larger. Note that EPC data is not available for all properties in Bathley.

WEST GARTH: Plot and Title Map

WEST GARTH sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of WEST GARTH, 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 WEST GARTH). 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 WEST GARTH?

WEST GARTH is located on CHAPEL LANE in BATHLEY, in the NG23 postcode district. The below map shows the position of WEST GARTH on CHAPEL LANE.