JANANG, WELLOW ROAD, OLLERTON, NEWARK, NG22 9AX - £240,000

JANANG is a very large extended detached house of 157m², built sometime between 1976 and 1982. It was last sold for £240,000 in May 2019, which was around 9% below the average May 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

JANANG Sold Prices

Land registry data shows two sales for JANANG 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 JANANG 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 28 MAY	£240,000	£264,550	9% below HPI
2002 31 MAY	£70,000	£115,240	39% below HPI

JANANG 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 JANANG sales from May 2002 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 May 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is JANANG?

JANANG is 157m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where JANANG lies on this distribution: 94% of detached houses are smaller than JANANG, and 6% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

JANANG: Plot and Title Map

JANANG sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of JANANG, 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 JANANG). 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 JANANG?

JANANG is located on WELLOW ROAD in OLLERTON, in the NG22 postcode district. The below map shows the position of JANANG on WELLOW ROAD.