6, WHEATSHEAF LANE, LONG BENNINGTON, NEWARK, NG23 5DU - £295,000

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

6 WHEATSHEAF LANE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £295,000 in July 2015, which was around 18% above the average July 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

6 WHEATSHEAF LANE Sold Prices

Land registry data shows two sales for 6 WHEATSHEAF 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 South Kesteven local authority area for the corresponding sale date. Both of the two 6 WHEATSHEAF LANE sales were for above 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
2015 3 JUL	£295,000	£250,740	18% above HPI
2007 18 APR	£282,000	£235,131	20% above HPI

6 WHEATSHEAF 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 two 6 WHEATSHEAF LANE sales from April 2007 and July 2015 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 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 6 WHEATSHEAF LANE?

6 WHEATSHEAF LANE is 85m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where 6 WHEATSHEAF LANE lies on this distribution: 6% of detached houses are smaller than 6 WHEATSHEAF LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

6 WHEATSHEAF LANE: Plot and Title Map

6 WHEATSHEAF LANE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 6 WHEATSHEAF 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 WHEATSHEAF 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 WHEATSHEAF LANE?

6 WHEATSHEAF LANE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 6 on WHEATSHEAF LANE.