4, MACKLEYS LANE, NORTH MUSKHAM, NEWARK, NG23 6EY - £290,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MACKLEYS LANE is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £316,792. It was last sold for £290,000 in June 2022, which was around 12% below the average June 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

4 MACKLEYS LANE Sold Prices

Land registry data shows two sales for 4 MACKLEYS 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 4 MACKLEYS 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
2022 8 JUN	£290,000	£328,664	12% below HPI
2000 28 APR	£81,500	£92,437	12% below HPI

4 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 two 4 MACKLEYS LANE sales from April 2000 and June 2022 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 April 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2022 sale, which was also at 12% below the HPI.

What might 4 MACKLEYS LANE be worth now?

4 MACKLEYS LANE might now be worth an estimated £316,792.

This is based on house price inflation of 9.2%, between June 2022 and December 2024, 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 9.2% inflationary increase is applied to the most recent sale price for 4 MACKLEYS LANE of £290,000 on 8th June 2022. For the value to have increased from £290,000 to £316,792 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 4 MACKLEYS LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MACKLEYS LANE has not materially changed since June 2022.

How Large is 4 MACKLEYS LANE?

4 MACKLEYS LANE is 82m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% 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 4 MACKLEYS LANE lies on this distribution: 7% of detached houses houses are smaller than 4 MACKLEYS LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

4 MACKLEYS LANE: Plot and Title Map

4 MACKLEYS LANE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 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 4 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 4 MACKLEYS LANE?

4 MACKLEYS LANE is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 4 on MACKLEYS LANE.