2, RECTORY GARDENS, KIRTON, NEWARK, NG22 9ND - £355,000

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.

2 RECTORY GARDENS is a midsized detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £552,013. It was last sold for £355,000 in June 2007, which was around 56% above the average June 2007 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

2 RECTORY GARDENS Sold Prices

Land registry data shows two sales for 2 RECTORY GARDENS 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 RECTORY GARDENS 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
2007 1 JUN	£355,000	£227,639	56% above HPI
1999 23 JUN	£103,000	£88,813	16% above HPI

2 RECTORY GARDENS 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 RECTORY GARDENS sales from June 1999 and June 2007 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 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2007 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 2 RECTORY GARDENS be worth now?

2 RECTORY GARDENS might now be worth an estimated £552,013.

This is based on house price inflation of 55.5%, between June 2007 and May 2026, 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 55.5% inflationary increase is applied to the most recent sale price for 2 RECTORY GARDENS of £355,000 on 1st June 2007. For the value to have increased from £355,000 to £552,013 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 2 RECTORY GARDENS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2007 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RECTORY GARDENS has not materially changed since June 2007.

How Large is 2 RECTORY GARDENS?

2 RECTORY GARDENS is 118m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses houses in Kirton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirton, and where 2 RECTORY GARDENS lies on this distribution: 52% of detached houses houses are smaller than 2 RECTORY GARDENS, and 48% of houses are larger. Note that EPC data is not available for all properties in Kirton.

2 RECTORY GARDENS: Plot and Title Map

2 RECTORY GARDENS sits on a plot of roughly 0.402 of an acre, or 1,626m². The below map shows the location of 2 RECTORY GARDENS, 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 RECTORY GARDENS). 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 RECTORY GARDENS?

2 RECTORY GARDENS is located in KIRTON, in the NG22 postcode district. The below map shows the position of No. 2 on RECTORY GARDENS.