1, SKYLARK WAY, CLIPSTONE VILLAGE, MANSFIELD, NG21 9GG - £225,000

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 SKYLARK WAY is a very small detached house of 88m², which could now be worth an estimated £261,493. It was last sold for £225,000 in June 2021, which was around 26% below the average June 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

1 SKYLARK WAY Sold Prices

Land registry data shows two sales for 1 SKYLARK WAY 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 1 SKYLARK WAY 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
2021 17 JUN	£225,000	£305,542	26% below HPI
2016 29 JUL	£171,995	£251,881	32% below HPI

1 SKYLARK WAY 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 1 SKYLARK WAY sales from July 2016 and June 2021 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 July 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 SKYLARK WAY be worth now?

1 SKYLARK WAY might now be worth an estimated £261,493.

This is based on house price inflation of 16.2%, between June 2021 and March 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.2% inflationary increase is applied to the most recent sale price for 1 SKYLARK WAY of £225,000 on 17th June 2021. For the value to have increased from £225,000 to £261,493 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 1 SKYLARK WAY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SKYLARK WAY has not materially changed since June 2021.

How Large is 1 SKYLARK WAY?

1 SKYLARK WAY is 88m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses houses in Clipstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clipstone, and where 1 SKYLARK WAY lies on this distribution: 10% of detached houses houses are smaller than 1 SKYLARK WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Clipstone.

1 SKYLARK WAY: Plot and Title Map

1 SKYLARK WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 SKYLARK WAY, 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 SKYLARK WAY). 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 SKYLARK WAY?

1 SKYLARK WAY is located in CLIPSTONE VILLAGE, in the NG21 postcode district. The below map shows the position of No. 1 on SKYLARK WAY.