9, THE SPINNEY, ELSTON, NEWARK, NG23 5PE - £285,000

9 THE SPINNEY is a midsized detached house of 142m², built sometime between 1967 and 1975. It was last sold for £285,000 in July 2012, which was around 42% above the average July 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

9 THE SPINNEY Sold Prices

Land registry data shows two sales for 9 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. Both of the two 9 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
2012 6 JUL	£285,000	£200,751	42% above HPI
2001 25 AUG	£132,505	£109,668	21% above HPI

9 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 9 THE SPINNEY sales from August 2001 and July 2012 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2012 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 9 THE SPINNEY?

9 THE SPINNEY is 142m² according to the EPC inspection conducted in February 2012. This puts it in the largest 50% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 9 THE SPINNEY lies on this distribution: 51% of detached houses are smaller than 9 THE SPINNEY, and 49% of houses are larger. Note that EPC data is not available for all properties in Elston.

9 THE SPINNEY: Plot and Title Map

9 THE SPINNEY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 9 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 9 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 9 THE SPINNEY?

9 THE SPINNEY is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 9 on THE SPINNEY.