KNIGHTSBRIDGE, BLACKSMITHS LANE, KELHAM, NEWARK, NG23 5QT - £562,500

KNIGHTSBRIDGE is a very large extended detached house of 300m², built sometime between 2003 and 2006. It was last sold for £562,500 in November 2021, which was around 84% above the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

KNIGHTSBRIDGE Sold Prices

Land registry data shows two sales for KNIGHTSBRIDGE 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 KNIGHTSBRIDGE 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 12 NOV	£562,500	£306,282	84% above HPI
2009 30 NOV	£385,000	£204,033	89% above HPI

KNIGHTSBRIDGE 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 KNIGHTSBRIDGE sales from November 2009 and November 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 November 2009 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the November 2021 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is KNIGHTSBRIDGE?

KNIGHTSBRIDGE is 300m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses in Kelham, based on EPC data. The below chart shows the distribution of detached houses by size in Kelham, and where KNIGHTSBRIDGE lies on this distribution: More than 99% of detached houses are smaller than KNIGHTSBRIDGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Kelham.

KNIGHTSBRIDGE: Plot and Title Map

KNIGHTSBRIDGE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of KNIGHTSBRIDGE, 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 KNIGHTSBRIDGE). 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 KNIGHTSBRIDGE?

KNIGHTSBRIDGE is located on BLACKSMITHS LANE in KELHAM, in the NG23 postcode district. The below map shows the position of KNIGHTSBRIDGE on BLACKSMITHS LANE.