1, LARK SPINNEY, GATEFORD, WORKSOP, S81 8UN - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 LARK SPINNEY is a very small detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £290,413. It was last sold for £220,000 in November 2019, which was around 7% below the average November 2019 detached price in the Bassetlaw local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

1 LARK SPINNEY Sold Prices

Land registry data shows four sales for 1 LARK SPINNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. two of the four 1 LARK SPINNEY sales were for below the average price, and four 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
2019 29 NOV	£220,000	£236,896	7% below HPI
2007 15 JUN	£180,000	£190,885	6% below HPI
2000 30 JUN	£83,000	£74,517	11% above HPI
1996 26 FEB	£77,000	£59,443	30% above HPI

1 LARK SPINNEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The four 1 LARK SPINNEY sales between February 1996 and November 2019 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 1 LARK SPINNEY be worth now?

1 LARK SPINNEY might now be worth an estimated £290,413.

This is based on house price inflation of 32%, between November 2019 and February 2025, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32% inflationary increase is applied to the most recent sale price for 1 LARK SPINNEY of £220,000 on 29th November 2019. For the value to have increased from £220,000 to £290,413 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 LARK SPINNEY has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The November 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LARK SPINNEY has not materially changed since November 2019.

How Large is 1 LARK SPINNEY?

1 LARK SPINNEY is 82m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses houses in Worksop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worksop, and where 1 LARK SPINNEY lies on this distribution: 14% of detached houses houses are smaller than 1 LARK SPINNEY, and 85% of houses are larger. Note that EPC data is not available for all properties in Worksop.

1 LARK SPINNEY: Plot and Title Map

1 LARK SPINNEY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 1 LARK SPINNEY, 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 1 LARK SPINNEY). 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 1 LARK SPINNEY?

1 LARK SPINNEY is located in GATEFORD, in the S81 postcode district. The below map shows the position of No. 1 on LARK SPINNEY.