GROSMONT, NORWELL LANE, CROMWELL, NEWARK, NG23 6JQ - £265,000

GROSMONT is a small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £265,000 in April 2018, which was around 1% above the average April 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

GROSMONT Sold Prices

Land registry data shows three sales for GROSMONT 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 GROSMONT sales were for above the average price, whilst one was 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
2018 17 APR	£265,000	£263,530	1% above HPI
2015 30 OCT	£236,500	£239,424	1% below HPI
2009 30 OCT	£215,000	£202,637	6% above HPI

GROSMONT 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 GROSMONT sales between October 2009 and April 2018 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 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is GROSMONT?

GROSMONT is 112m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Cromwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cromwell, and where GROSMONT lies on this distribution: 32% of detached houses are smaller than GROSMONT, and 68% of houses are larger. Note that EPC data is not available for all properties in Cromwell.

GROSMONT: Plot and Title Map

GROSMONT sits on a plot of roughly 0.252 of an acre, or 1,020m². The below map shows the location of GROSMONT, 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 GROSMONT). 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 GROSMONT?

GROSMONT is located on NORWELL LANE in CROMWELL, in the NG23 postcode district. The below map shows the position of GROSMONT on NORWELL LANE.