28, GRICESON CLOSE, OLLERTON, NEWARK, NG22 9BD - £135,000

28 GRICESON CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £135,000 in May 2013, which was around 35% below the average May 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

28 GRICESON CLOSE Sold Prices

Land registry data shows two sales for 28 GRICESON CLOSE 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 28 GRICESON CLOSE 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
2013 30 MAY	£135,000	£206,899	35% below HPI
2010 28 OCT	£109,000	£209,907	48% below HPI

28 GRICESON CLOSE 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 28 GRICESON CLOSE sales from October 2010 and May 2013 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 October 2010 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2013 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 28 GRICESON CLOSE?

28 GRICESON CLOSE is 74m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where 28 GRICESON CLOSE lies on this distribution: 9% of detached houses are smaller than 28 GRICESON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

28 GRICESON CLOSE: Plot and Title Map

28 GRICESON CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 28 GRICESON CLOSE, 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 28 GRICESON CLOSE). 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 28 GRICESON CLOSE?

28 GRICESON CLOSE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 28 on GRICESON CLOSE.