12, BACK LANE, LONG BENNINGTON, NEWARK, NG23 5DT - £727,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 BACK LANE is a very large extended detached house of 261m², built sometime before 1900. It was last sold for £727,500 in November 2023, which was around 93% above the average November 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

12 BACK LANE Sold Prices

Land registry data shows two sales for 12 BACK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 12 BACK LANE 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 NOV	£727,500	£377,651	93% above HPI
2014 9 APR	£420,000	£228,622	84% above HPI

12 BACK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 12 BACK LANE sales from April 2014 and November 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 April 2014 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the November 2023 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is 12 BACK LANE?

12 BACK LANE is 261m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where 12 BACK LANE lies on this distribution: 97% of detached houses are smaller than 12 BACK LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

12 BACK LANE: Plot and Title Map

12 BACK LANE sits on a plot of roughly 0.384 of an acre, or 1,555m². The below map shows the location of 12 BACK LANE, 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 12 BACK LANE). 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 12 BACK LANE?

12 BACK LANE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 12 on BACK LANE.