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
43 EAST LANE is a midsized detached house of 127m², built sometime between 1976 and 1982. It was last sold for £340,000 in May 2022, which was around 9% above the average May 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 43 EAST LANE since 1st 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. One of the three 43 EAST LANE sales was for above the average price, whilst two 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 31 MAY | £340,000 | £312,640 | 9% above HPI |
2016 20 DEC | £190,000 | £248,516 | 24% below HPI |
2000 21 AUG | £74,000 | £98,569 | 25% below HPI |
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 43 EAST LANE sales between August 2000 and May 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 December 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
43 EAST LANE is 127m² according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Edwinstowe, and where 43 EAST LANE lies on this distribution: 54% of detached houses are smaller than 43 EAST LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.
43 EAST LANE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 43 EAST 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 EAST 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.
43 EAST LANE is located in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of No. 43 on EAST LANE.