THE TREES, MAIN STREET, BATHLEY, NEWARK, NG23 6DA - £232,000

THE TREES is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £232,000 in July 2017, which was around 7% below the average July 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2015, where the current energy rating was F, and the potential energy rating was D.

THE TREES Sold Prices

Land registry data shows five sales for THE TREES 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 THE TREES 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
2017 3 JUL	£232,000	£249,927	7% below HPI
2006 6 SEP	£175,000	£212,171	18% below HPI
1999 8 SEP	£67,000	£89,670	25% below HPI
1999 22 JUN	£72,000	£85,314	16% below HPI
1996 26 JUN	£52,500	£73,188	28% below HPI

THE TREES 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 THE TREES sales between June 1996 and July 2017 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 September 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is THE TREES?

THE TREES is 79m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Bathley, based on EPC data. The below chart shows the distribution of detached houses by size in Bathley, and where THE TREES lies on this distribution: 11% of detached houses are smaller than THE TREES, and 89% of houses are larger. Note that EPC data is not available for all properties in Bathley.

THE TREES: Plot and Title Map

THE TREES sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of THE TREES, 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 TREES). 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 TREES?

THE TREES is located on MAIN STREET in BATHLEY, in the NG23 postcode district. The below map shows the position of THE TREES on MAIN STREET.