20, MACKLEYS LANE, NORTH MUSKHAM, NEWARK, NG23 6EY - £360,000

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.

20 MACKLEYS LANE is a midsized detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £414,730. It was last sold for £360,000 in June 2021, which was around 18% above the average June 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

20 MACKLEYS LANE Sold Prices

Land registry data shows three sales for 20 MACKLEYS 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. One of the three 20 MACKLEYS LANE sales was for above the average price, whilst two 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 30 JUN	£360,000	£305,542	18% above HPI
2018 12 DEC	£220,000	£285,402	23% below HPI
1999 18 MAR	£77,000	£83,999	8% below HPI

20 MACKLEYS 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 20 MACKLEYS LANE sales between March 1999 and June 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 December 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 20 MACKLEYS LANE be worth now?

20 MACKLEYS LANE might now be worth an estimated £414,730.

This is based on house price inflation of 15.2%, between June 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 15.2% inflationary increase is applied to the most recent sale price for 20 MACKLEYS LANE of £360,000 on 30th June 2021. For the value to have increased from £360,000 to £414,730 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 20 MACKLEYS LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MACKLEYS LANE has not materially changed since June 2021.

How Large is 20 MACKLEYS LANE?

20 MACKLEYS LANE is 129m² according to the EPC inspection conducted in July 2018. This puts it in the largest 50% 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 20 MACKLEYS LANE lies on this distribution: 50% of detached houses houses are smaller than 20 MACKLEYS LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

20 MACKLEYS LANE: Plot and Title Map

20 MACKLEYS LANE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 20 MACKLEYS 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 20 MACKLEYS 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 20 MACKLEYS LANE?

20 MACKLEYS LANE is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 20 on MACKLEYS LANE.