34, MEADOW LANE, WESTON, NEWARK, NG23 6SU - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

34 MEADOW LANE is a very small extended detached house of 95m², built sometime before 1900. It was last sold for £290,000 in August 2024, which was around 18% below the average August 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2024, where the current energy rating was F, and the potential energy rating was C.

34 MEADOW LANE Sold Prices

Land registry data shows two sales for 34 MEADOW 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. Both of the two 34 MEADOW 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
2024 8 AUG	£290,000	£352,292	18% below HPI
2015 9 JUN	£130,000	£219,537	41% below HPI

34 MEADOW 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 34 MEADOW LANE sales from June 2015 and August 2024 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 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 34 MEADOW LANE?

34 MEADOW LANE is 95m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Weston, based on EPC data. The below chart shows the distribution of detached houses by size in Weston, and where 34 MEADOW LANE lies on this distribution: 12% of detached houses are smaller than 34 MEADOW LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Weston.

34 MEADOW LANE: Plot and Title Map

34 MEADOW LANE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 34 MEADOW 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 34 MEADOW 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 34 MEADOW LANE?

34 MEADOW LANE is located in WESTON, in the NG23 postcode district. The below map shows the position of No. 34 on MEADOW LANE.