20, THE SPINNEY, WINTHORPE, NEWARK, NG24 2NT - £352,000

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.

20 THE SPINNEY is a midsized extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £411,029. It was last sold for £352,000 in March 2021, which was around 17% above the average March 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

20 THE SPINNEY Sold Prices

Land registry data shows four sales for 20 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 20 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
2021 18 MAR	£352,000	£301,442	17% above HPI
2017 24 NOV	£330,000	£275,086	20% above HPI
2015 20 JUL	£285,000	£236,622	20% above HPI
2014 17 OCT	£268,000	£232,896	15% above HPI

20 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 four 20 THE SPINNEY sales between October 2014 and March 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 November 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 20 THE SPINNEY be worth now?

20 THE SPINNEY might now be worth an estimated £411,029.

This is based on house price inflation of 16.8%, between March 2021 and February 2025, 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 16.8% inflationary increase is applied to the most recent sale price for 20 THE SPINNEY of £352,000 on 18th March 2021. For the value to have increased from £352,000 to £411,029 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 20 THE SPINNEY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2021 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 20 THE SPINNEY has not materially changed since March 2021.

How Large is 20 THE SPINNEY?

20 THE SPINNEY is 115m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses houses in Winthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winthorpe, and where 20 THE SPINNEY lies on this distribution: 50% of detached houses houses are smaller than 20 THE SPINNEY, and 50% of houses are larger. Note that EPC data is not available for all properties in Winthorpe.

20 THE SPINNEY: Plot and Title Map

20 THE SPINNEY sits on a plot of roughly 0.297 of an acre, or 1,202m². The below map shows the location of 20 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 20 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 20 THE SPINNEY?

20 THE SPINNEY is located in WINTHORPE, in the NG24 postcode district. The below map shows the position of No. 20 on THE SPINNEY.