THE GRANARY, GREAT NORTH ROAD, CROMWELL, NEWARK, NG23 6JE - £422,500

THE GRANARY is a midsized extended semi-detached house of 169m², built sometime between 1991 and 1995. It was last sold for £422,500 in February 2014, which was around 102% above the average February 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

THE GRANARY Sold Prices

Land registry data shows three sales for THE GRANARY 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 THE GRANARY 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
2014 28 FEB	£422,500	£209,094	102% above HPI
2007 14 JUN	£340,000	£218,670	55% above HPI
1995 26 MAY	£110,000	£71,413	54% above HPI

THE GRANARY 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 THE GRANARY sales between May 1995 and February 2014 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 2007 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2014 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is THE GRANARY?

THE GRANARY is 169m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses in Cromwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cromwell, and where THE GRANARY lies on this distribution: 50% of detached houses are smaller than THE GRANARY, and 50% of houses are larger. Note that EPC data is not available for all properties in Cromwell.

THE GRANARY: Plot and Title Map

THE GRANARY sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of THE GRANARY, 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 THE GRANARY). 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 THE GRANARY?

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