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

4 MACKLEYS LANE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £290,000 in June 2022, which was around 8% 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	£315,714	8% below HPI
2000 28 APR	£81,500	£88,794	8% 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2022 sale, which was also at 8% below the HPI.

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 in North Muskham, based on EPC data. The below chart shows the distribution of detached houses by size in North Muskham, and where 4 MACKLEYS LANE lies on this distribution: 7% of detached 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.