12, THE SPINNEY, ELSTON, NEWARK, NG23 5PE - £365,000

12 THE SPINNEY is a very large detached house of 203m², built sometime between 1996 and 2002. It was last sold for £365,000 in October 2014, which was around 63% above the average October 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

12 THE SPINNEY Sold Prices

Land registry data shows two sales for 12 THE SPINNEY 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 12 THE SPINNEY 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
2014 9 OCT	£365,000	£223,720	63% above HPI
2002 23 AUG	£175,000	£139,971	25% above HPI

12 THE SPINNEY 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 12 THE SPINNEY sales from August 2002 and October 2014 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 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2014 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 12 THE SPINNEY?

12 THE SPINNEY is 203m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 12 THE SPINNEY lies on this distribution: 86% of detached houses are smaller than 12 THE SPINNEY, and 14% of houses are larger. Note that EPC data is not available for all properties in Elston.

12 THE SPINNEY: Plot and Title Map

12 THE SPINNEY sits on a plot of roughly 0.211 of an acre, or 856m². The below map shows the location of 12 THE SPINNEY, 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 12 THE SPINNEY). 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 12 THE SPINNEY?

12 THE SPINNEY is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 12 on THE SPINNEY.