WEDGEWOOD, HOPYARD LANE, BATHLEY, NEWARK, NG23 6DQ - £300,000

WEDGEWOOD is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £300,000 in March 2023, which was around 14% below the average March 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

WEDGEWOOD Sold Prices

Land registry data shows two sales for WEDGEWOOD 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 WEDGEWOOD 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
2023 10 MAR	£300,000	£347,810	14% below HPI
2011 18 FEB	£137,500	£197,029	30% below HPI

WEDGEWOOD 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 WEDGEWOOD sales from February 2011 and March 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 February 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is WEDGEWOOD?

WEDGEWOOD is 80m² according to the EPC inspection conducted in November 2022. 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 WEDGEWOOD lies on this distribution: 15% of detached houses are smaller than WEDGEWOOD, and 85% of houses are larger. Note that EPC data is not available for all properties in Bathley.

WEDGEWOOD: Plot and Title Map

WEDGEWOOD sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of WEDGEWOOD, 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 WEDGEWOOD). 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 WEDGEWOOD?

WEDGEWOOD is located on HOPYARD LANE in BATHLEY, in the NG23 postcode district. The below map shows the position of WEDGEWOOD on HOPYARD LANE.