40, FOREST LINK, BILSTHORPE, NEWARK, NG22 8UD - £197,000

40 FOREST LINK is a very large extended detached house of 166m², built sometime between 1991 and 1995. It was last sold for £197,000 in July 2014, which was around 10% below the average July 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

40 FOREST LINK Sold Prices

Land registry data shows three sales for 40 FOREST LINK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the three 40 FOREST LINK sales were for below the average price, whilst one was 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
2014 31 JUL	£197,000	£219,231	10% below HPI
2007 5 JAN	£207,500	£212,257	2% below HPI
1999 4 JUN	£96,500	£85,314	13% above HPI

40 FOREST LINK 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 three 40 FOREST LINK sales between June 1999 and July 2014 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 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 40 FOREST LINK?

40 FOREST LINK is 166m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 40 FOREST LINK lies on this distribution: 95% of detached houses are smaller than 40 FOREST LINK, and 5% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

40 FOREST LINK: Plot and Title Map

40 FOREST LINK sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 40 FOREST LINK, 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 40 FOREST LINK). 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 40 FOREST LINK?

40 FOREST LINK is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 40 on FOREST LINK.