LEYFIELDS, GREAT NORTH ROAD, CROMWELL, NEWARK, NG23 6JE - £575,000

LEYFIELDS is a large extended detached house of 179m², built sometime between 1976 and 1982. It was last sold for £575,000 in December 2023, which was around 69% above the average December 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was B.

LEYFIELDS Sold Prices

Land registry data shows five sales for LEYFIELDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five LEYFIELDS 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
2023 14 DEC	£575,000	£339,915	69% above HPI
2022 21 OCT	£600,000	£334,932	79% above HPI
2014 2 JUL	£377,500	£219,231	72% above HPI
2010 29 JAN	£335,000	£202,937	65% above HPI
2001 6 JUL	£225,000	£103,340	118% above HPI

LEYFIELDS 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 five LEYFIELDS sales between July 2001 and December 2023 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 2022 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the December 2023 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is LEYFIELDS?

LEYFIELDS is 179m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 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 LEYFIELDS lies on this distribution: 60% of detached houses are smaller than LEYFIELDS, and 40% of houses are larger. Note that EPC data is not available for all properties in Cromwell.

LEYFIELDS: Plot and Title Map

LEYFIELDS sits on a plot of roughly 0.902 of an acre, or 3,651m². The below map shows the location of LEYFIELDS, 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 LEYFIELDS). 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 LEYFIELDS?

LEYFIELDS is located on GREAT NORTH ROAD in CROMWELL, in the NG23 postcode district. The below map shows the position of LEYFIELDS on GREAT NORTH ROAD.