14, HEREFORD AVENUE, OLLERTON, NEWARK, NG22 9AE - £192,000

14 HEREFORD AVENUE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £192,000 in August 2022, which was around 42% below the average August 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

14 HEREFORD AVENUE Sold Prices

Land registry data shows two sales for 14 HEREFORD AVENUE 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 14 HEREFORD AVENUE 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
2022 16 AUG	£192,000	£333,207	42% below HPI
2013 11 JAN	£105,000	£201,500	48% below HPI

14 HEREFORD AVENUE 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 14 HEREFORD AVENUE sales from January 2013 and August 2022 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 January 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 14 HEREFORD AVENUE?

14 HEREFORD AVENUE is 75m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where 14 HEREFORD AVENUE lies on this distribution: 12% of detached houses are smaller than 14 HEREFORD AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

14 HEREFORD AVENUE: Plot and Title Map

14 HEREFORD AVENUE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 14 HEREFORD AVENUE, 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 14 HEREFORD AVENUE). 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 14 HEREFORD AVENUE?

14 HEREFORD AVENUE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 14 on HEREFORD AVENUE.