43, BESCAR LANE, OLLERTON, NEWARK, NG22 9BS - £152,000

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.

43 BESCAR LANE is a very small detached house of 50m², built sometime between 1976 and 1982, which could now be worth an estimated £187,298. It was last sold for £152,000 in November 2018, which was around 47% below the average November 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

43 BESCAR LANE Sold Prices

Land registry data shows two sales for 43 BESCAR 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 43 BESCAR 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
2018 2 NOV	£152,000	£285,656	47% below HPI
2003 3 OCT	£137,500	£176,381	22% below HPI

43 BESCAR 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 43 BESCAR LANE sales from October 2003 and November 2018 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 October 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 43 BESCAR LANE be worth now?

43 BESCAR LANE might now be worth an estimated £187,298.

This is based on house price inflation of 23.2%, between November 2018 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 23.2% inflationary increase is applied to the most recent sale price for 43 BESCAR LANE of £152,000 on 2nd November 2018. For the value to have increased from £152,000 to £187,298 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 43 BESCAR LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2018 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 43 BESCAR LANE has not materially changed since November 2018.

How Large is 43 BESCAR LANE?

43 BESCAR LANE is 50m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ollerton, and where 43 BESCAR LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 43 BESCAR LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

43 BESCAR LANE: Plot and Title Map

43 BESCAR LANE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 43 BESCAR 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 43 BESCAR 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 43 BESCAR LANE?

43 BESCAR LANE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 43 on BESCAR LANE.