7, RECTORY LANE, CLAYPOLE, NEWARK, NG23 5BH - £288,500

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

7 RECTORY LANE is a large detached house of 138m², built sometime before 1900. It was last sold for £288,500 in May 2013, which was around 36% above the average May 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

7 RECTORY LANE Sold Prices

Land registry data shows three sales for 7 RECTORY 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 South Kesteven local authority area for the corresponding sale date. Two of the three 7 RECTORY LANE sales were for above the average price, whilst one was 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 28 MAY	£288,500	£212,669	36% above HPI
2005 30 SEP	£270,000	£216,587	25% above HPI
2003 1 AUG	£125,000	£180,978	31% below HPI

7 RECTORY 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 three 7 RECTORY LANE sales between August 2003 and May 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 September 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2013 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 7 RECTORY LANE?

7 RECTORY LANE is 138m² according to the EPC inspection conducted in January 2013. This puts it in the largest 40% of detached houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses by size in Claypole, and where 7 RECTORY LANE lies on this distribution: 67% of detached houses are smaller than 7 RECTORY LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Claypole.

7 RECTORY LANE: Plot and Title Map

7 RECTORY LANE sits on a plot of roughly 0.240 of an acre, or 969m². The below map shows the location of 7 RECTORY 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 7 RECTORY 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 7 RECTORY LANE?

7 RECTORY LANE is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 7 on RECTORY LANE.