15, BAPTIST LANE, COLLINGHAM, NEWARK, NG23 7LT - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 BAPTIST LANE is a very small extended detached house of 85m², built sometime between 1900 and 1929. It was last sold for £200,000 in July 2021, which was around 32% below the average July 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

15 BAPTIST LANE Sold Prices

Land registry data shows three sales for 15 BAPTIST LANE 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 15 BAPTIST LANE 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 16 JUL	£200,000	£291,982	32% below HPI
2004 30 JUN	£150,000	£188,564	20% below HPI
1997 18 DEC	£59,000	£76,270	23% below HPI

15 BAPTIST LANE 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 15 BAPTIST LANE sales between December 1997 and July 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 June 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 15 BAPTIST LANE?

15 BAPTIST LANE is 85m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where 15 BAPTIST LANE lies on this distribution: 17% of detached houses are smaller than 15 BAPTIST LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Collingham.

15 BAPTIST LANE: Plot and Title Map

15 BAPTIST LANE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 15 BAPTIST 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 15 BAPTIST 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 15 BAPTIST LANE?

15 BAPTIST LANE is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 15 on BAPTIST LANE.