2, THE SPINNEY, WINTHORPE, NEWARK, NG24 2NT - £268,000

2 THE SPINNEY is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £268,000 in November 2017, which was around 1% above the average November 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

2 THE SPINNEY Sold Prices

Land registry data shows two sales for 2 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. One of the two 2 THE SPINNEY sales was for above the average price, whilst the other was 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
2017 16 NOV	£268,000	£264,247	1% above HPI
2001 22 MAY	£85,000	£98,095	13% below HPI

2 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 2 THE SPINNEY sales from May 2001 and November 2017 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 May 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 105m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses in Winthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Winthorpe, and where 2 THE SPINNEY lies on this distribution: 39% of detached houses are smaller than 2 THE SPINNEY, and 60% of houses are larger. Note that EPC data is not available for all properties in Winthorpe.

2 THE SPINNEY: Plot and Title Map

2 THE SPINNEY sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of 2 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 2 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 2 THE SPINNEY?

2 THE SPINNEY is located in WINTHORPE, in the NG24 postcode district. The below map shows the position of No. 2 on THE SPINNEY.