6, BACK LANE, CLAYPOLE, NEWARK, NG23 5AA - £125,000

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

6 BACK LANE is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £125,000 in March 2013, which was around 42% below the average March 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

6 BACK LANE Sold Prices

Land registry data shows four sales for 6 BACK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 6 BACK 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
2013 22 MAR	£125,000	£215,184	42% below HPI
2008 2 OCT	£140,000	£224,257	38% below HPI
2000 28 JUL	£35,000	£108,268	68% below HPI
1998 18 DEC	£55,000	£88,487	38% below HPI

6 BACK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 6 BACK LANE sales between December 1998 and March 2013 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 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2013 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 6 BACK LANE?

6 BACK LANE is 55m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses by size in Claypole, and where 6 BACK LANE lies on this distribution: Less than 1% of detached houses are smaller than 6 BACK LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Claypole.

6 BACK LANE: Plot and Title Map

6 BACK LANE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 6 BACK 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 6 BACK 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 6 BACK LANE?

6 BACK LANE is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 6 on BACK LANE.