2, GLEBELANDS, NORTH MUSKHAM, NEWARK, NG23 6FH - £410,000

2 GLEBELANDS is a very large detached house of 223m², built sometime between 2003 and 2006. It was last sold for £410,000 in January 2021, which was around 40% above the average January 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was A.

2 GLEBELANDS Sold Prices

Land registry data shows two sales for 2 GLEBELANDS 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 2 GLEBELANDS 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
2021 8 JAN	£410,000	£292,485	40% above HPI
2006 31 JAN	£380,000	£205,758	85% above HPI

2 GLEBELANDS 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 2 GLEBELANDS sales from January 2006 and January 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 January 2006 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the January 2021 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 2 GLEBELANDS?

2 GLEBELANDS is 223m² according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses by size in North Muskham, and where 2 GLEBELANDS lies on this distribution: 90% of detached houses are smaller than 2 GLEBELANDS, and 10% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

2 GLEBELANDS: Plot and Title Map

2 GLEBELANDS sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of 2 GLEBELANDS, 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 2 GLEBELANDS). 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 2 GLEBELANDS?

2 GLEBELANDS is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 2 on GLEBELANDS.