FAIR VIEW, OLD EPPERSTONE ROAD, LOWDHAM, NOTTINGHAM, NG14 7BZ - £650,000

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.

FAIR VIEW is a very large extended detached house of 236m², built sometime between 1930 and 1949, which could now be worth an estimated £772,448. It was last sold for £650,000 in February 2021, which was around 116% above the average February 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

FAIR VIEW Sold Prices

Land registry data shows three sales for FAIR VIEW 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. All of the three FAIR VIEW 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 22 FEB	£650,000	£301,064	116% above HPI
2016 27 JUN	£425,000	£247,168	72% above HPI
2002 25 APR	£260,000	£113,530	129% above HPI

FAIR VIEW 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 FAIR VIEW sales between April 2002 and February 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 June 2016 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the February 2021 sale, where it rises to 116% above the HPI. The line then continues to track at 116% above the HPI.

What might FAIR VIEW be worth now?

FAIR VIEW might now be worth an estimated £772,448.

This is based on house price inflation of 18.8%, between February 2021 and April 2026, 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 18.8% inflationary increase is applied to the most recent sale price for FAIR VIEW of £650,000 on 22nd February 2021. For the value to have increased from £650,000 to £772,448 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of FAIR VIEW has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2021 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of FAIR VIEW has not materially changed since February 2021.

How Large is FAIR VIEW?

FAIR VIEW is 236m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where FAIR VIEW lies on this distribution: 93% of detached houses houses are smaller than FAIR VIEW, and 7% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

FAIR VIEW: Plot and Title Map

FAIR VIEW sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of FAIR VIEW, 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 FAIR VIEW). 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 FAIR VIEW?

FAIR VIEW is located on OLD EPPERSTONE ROAD in LOWDHAM, in the NG14 postcode district. The below map shows the position of FAIR VIEW on OLD EPPERSTONE ROAD.