2, WALTONS LANE, NORTH MUSKHAM, NEWARK, NG23 6EU - £239,000

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.

2 WALTONS LANE is a small extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £399,883. It was last sold for £239,000 in December 2012, which was around 13% above the average December 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

2 WALTONS LANE Sold Prices

Land registry data shows two sales for 2 WALTONS 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 Newark and Sherwood local authority area for the corresponding sale date. One of the two 2 WALTONS 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
2012 7 DEC	£239,000	£212,233	13% above HPI
2010 24 MAR	£185,000	£212,397	13% below HPI

2 WALTONS 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 two 2 WALTONS LANE sales from March 2010 and December 2012 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 March 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2012 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 WALTONS LANE be worth now?

2 WALTONS LANE might now be worth an estimated £399,883.

This is based on house price inflation of 67.3%, between December 2012 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 67.3% inflationary increase is applied to the most recent sale price for 2 WALTONS LANE of £239,000 on 7th December 2012. For the value to have increased from £239,000 to £399,883 over the thirteen years and nine months to March 2025, the following assumptions must hold true:

• The value of 2 WALTONS LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2012 sale price of £239,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WALTONS LANE has not materially changed since December 2012.

How Large is 2 WALTONS LANE?

2 WALTONS LANE is 106m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Muskham, and where 2 WALTONS LANE lies on this distribution: 28% of detached houses houses are smaller than 2 WALTONS LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

2 WALTONS LANE: Plot and Title Map

2 WALTONS LANE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 2 WALTONS 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 WALTONS 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 WALTONS LANE?

2 WALTONS LANE is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 2 on WALTONS LANE.