4, MICKLEDALE LANE, BILSTHORPE, NEWARK, NG22 8QA - £128,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 MICKLEDALE LANE is a midsized extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £128,000 in April 2019, which was around 50% below the average April 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

4 MICKLEDALE LANE Sold Prices

Land registry data shows three sales for 4 MICKLEDALE 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. All of the three 4 MICKLEDALE 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
2019 3 APR	£128,000	£258,353	50% below HPI
2006 20 JUN	£103,000	£207,227	50% below HPI
2005 30 SEP	£97,950	£207,291	53% below HPI

4 MICKLEDALE 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 4 MICKLEDALE LANE sales between September 2005 and April 2019 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 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2019 sale, which was also at 50% below the HPI.

How Large is 4 MICKLEDALE LANE?

4 MICKLEDALE LANE is 100m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 4 MICKLEDALE LANE lies on this distribution: 46% of detached houses are smaller than 4 MICKLEDALE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

4 MICKLEDALE LANE: Plot and Title Map

4 MICKLEDALE LANE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 4 MICKLEDALE 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 MICKLEDALE 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 MICKLEDALE LANE?

4 MICKLEDALE LANE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 4 on MICKLEDALE LANE.