5, ARCHERS DRIVE, BILSTHORPE, NEWARK, NG22 8SD - £165,000

5 ARCHERS DRIVE is a midsized detached house of 107m², built sometime between 1950 and 1966. It was last sold for £165,000 in May 2019, which was around 38% below the average May 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

5 ARCHERS DRIVE Sold Prices

Land registry data shows two sales for 5 ARCHERS DRIVE 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 5 ARCHERS DRIVE 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
2019 17 MAY	£165,000	£264,550	38% below HPI
2001 29 AUG	£79,950	£109,668	27% below HPI

5 ARCHERS DRIVE 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 5 ARCHERS DRIVE sales from August 2001 and May 2019 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 August 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 ARCHERS DRIVE?

5 ARCHERS DRIVE is 107m² according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 5 ARCHERS DRIVE lies on this distribution: 55% of detached houses are smaller than 5 ARCHERS DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

5 ARCHERS DRIVE: Plot and Title Map

5 ARCHERS DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 5 ARCHERS DRIVE, 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 5 ARCHERS DRIVE). 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 5 ARCHERS DRIVE?

5 ARCHERS DRIVE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 5 on ARCHERS DRIVE.