SANTANA, BACK LANE, EAKRING, NEWARK, NG22 0DJ - £525,000

SANTANA is a large extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £525,000 in August 2023, which was around 55% above the average August 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

SANTANA Sold Prices

Land registry data shows three sales for SANTANA 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 SANTANA 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 1 AUG	£525,000	£338,912	55% above HPI
2015 12 JUN	£312,000	£219,537	42% above HPI
2012 1 MAR	£212,000	£204,708	4% above HPI

SANTANA 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 SANTANA sales between March 2012 and August 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 June 2015 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is SANTANA?

SANTANA is 170m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Eakring, based on EPC data. The below chart shows the distribution of detached houses by size in Eakring, and where SANTANA lies on this distribution: 61% of detached houses are smaller than SANTANA, and 39% of houses are larger. Note that EPC data is not available for all properties in Eakring.

SANTANA: Plot and Title Map

SANTANA sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of SANTANA, 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 SANTANA). 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 SANTANA?

SANTANA is located on BACK LANE in EAKRING, in the NG22 postcode district. The below map shows the position of SANTANA on BACK LANE.