WOODCROFT, TRENT LANE, SOUTH CLIFTON, NEWARK, NG23 7AE - £337,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WOODCROFT is a midsized extended detached house of 174m², built sometime between 1976 and 1982. It was last sold for £337,500 in November 2017, which was around 23% above the average November 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

WOODCROFT Sold Prices

Land registry data shows three sales for WOODCROFT 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 WOODCROFT 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
2017 3 NOV	£337,500	£275,086	23% above HPI
2007 22 JUN	£250,000	£227,639	10% above HPI
2002 9 MAY	£135,000	£119,967	13% above HPI

WOODCROFT 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 WOODCROFT sales between May 2002 and November 2017 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 June 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2017 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might WOODCROFT be worth now?

WOODCROFT might now be worth an estimated £440,488.

This is based on house price inflation of 30.5%, between November 2017 and December 2024, 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 30.5% inflationary increase is applied to the most recent sale price for WOODCROFT of £337,500 on 3rd November 2017. For the value to have increased from £337,500 to £440,488 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of WOODCROFT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2017 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of WOODCROFT has not materially changed since November 2017.

How Large is WOODCROFT?

WOODCROFT is 174m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses houses in South Clifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Clifton, and where WOODCROFT lies on this distribution: 57% of detached houses houses are smaller than WOODCROFT, and 43% of houses are larger. Note that EPC data is not available for all properties in South Clifton.

WOODCROFT: Plot and Title Map

WOODCROFT sits on a plot of roughly 0.253 of an acre, or 1,025m². The below map shows the location of WOODCROFT, 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 WOODCROFT). 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 WOODCROFT?

WOODCROFT is located on TRENT LANE in SOUTH CLIFTON, in the NG23 postcode district. The below map shows the position of WOODCROFT on TRENT LANE.