2, LAKESIDE COURT, BILSTHORPE, NEWARK, NG22 8UX - £244,950

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.

2 LAKESIDE COURT is a large extended detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £289,415. It was last sold for £244,950 in May 2021, which was around 18% below the average May 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 LAKESIDE COURT Sold Prices

Land registry data shows two sales for 2 LAKESIDE COURT 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 2 LAKESIDE COURT 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 10 MAY	£244,950	£297,914	18% below HPI
2012 26 OCT	£179,950	£214,341	16% below HPI

2 LAKESIDE COURT 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 2 LAKESIDE COURT sales from October 2012 and May 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 October 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 LAKESIDE COURT be worth now?

2 LAKESIDE COURT might now be worth an estimated £289,415.

This is based on house price inflation of 18.2%, between May 2021 and February 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 18.2% inflationary increase is applied to the most recent sale price for 2 LAKESIDE COURT of £244,950 on 10th May 2021. For the value to have increased from £244,950 to £289,415 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 2 LAKESIDE COURT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2021 sale price of £244,950 represented a fair market value for the property.
• The size, condition, and specification of 2 LAKESIDE COURT has not materially changed since May 2021.

How Large is 2 LAKESIDE COURT?

2 LAKESIDE COURT is 125m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsthorpe, and where 2 LAKESIDE COURT lies on this distribution: 75% of detached houses houses are smaller than 2 LAKESIDE COURT, and 23% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

2 LAKESIDE COURT: Plot and Title Map

2 LAKESIDE COURT sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 2 LAKESIDE COURT, 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 2 LAKESIDE COURT). 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 2 LAKESIDE COURT?

2 LAKESIDE COURT is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 2 on LAKESIDE COURT.