10, ARCHERS DRIVE, BILSTHORPE, NEWARK, NG22 8SD - £185,000

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.

10 ARCHERS DRIVE is a midsized detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £216,295. It was last sold for £185,000 in February 2021, which was around 39% below the average February 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

10 ARCHERS DRIVE Sold Prices

Land registry data shows two sales for 10 ARCHERS DRIVE 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 10 ARCHERS DRIVE 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
2021 23 FEB	£185,000	£301,064	39% below HPI
1998 27 AUG	£50,000	£87,592	43% below HPI

10 ARCHERS DRIVE 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 10 ARCHERS DRIVE sales from August 1998 and February 2021 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 1998 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 10 ARCHERS DRIVE be worth now?

10 ARCHERS DRIVE might now be worth an estimated £216,295.

This is based on house price inflation of 16.9%, between February 2021 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 16.9% inflationary increase is applied to the most recent sale price for 10 ARCHERS DRIVE of £185,000 on 23rd February 2021. For the value to have increased from £185,000 to £216,295 over the four years to February 2025, the following assumptions must hold true:

• The value of 10 ARCHERS DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ARCHERS DRIVE has not materially changed since February 2021.

How Large is 10 ARCHERS DRIVE?

10 ARCHERS DRIVE is 97m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsthorpe, and where 10 ARCHERS DRIVE lies on this distribution: 41% of detached houses houses are smaller than 10 ARCHERS DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

10 ARCHERS DRIVE: Plot and Title Map

10 ARCHERS DRIVE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 10 ARCHERS DRIVE, 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 10 ARCHERS DRIVE). 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 10 ARCHERS DRIVE?

10 ARCHERS DRIVE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 10 on ARCHERS DRIVE.