2, RECTORY LANE, CLAYPOLE, NEWARK, NG23 5BH - £390,000

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

2 RECTORY LANE is a very large detached house of 209m², built sometime between 2003 and 2006. It was last sold for £390,000 in August 2017, which was around 35% above the average August 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

2 RECTORY LANE Sold Prices

Land registry data shows two sales for 2 RECTORY 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. One of the two 2 RECTORY LANE sales was for above the average price, whilst the other was 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
2017 11 AUG	£390,000	£288,774	35% above HPI
2006 3 FEB	£135,000	£212,912	37% below HPI

2 RECTORY 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 2 RECTORY LANE sales from February 2006 and August 2017 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 February 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2017 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 2 RECTORY LANE?

2 RECTORY LANE is 209m² according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses by size in Claypole, and where 2 RECTORY LANE lies on this distribution: 94% of detached houses are smaller than 2 RECTORY LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Claypole.

2 RECTORY LANE: Plot and Title Map

2 RECTORY LANE sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of 2 RECTORY 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 2 RECTORY 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 2 RECTORY LANE?

2 RECTORY LANE is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 2 on RECTORY LANE.