BYE VIEW, WALTONS LANE, NORTH MUSKHAM, NEWARK, NG23 6EU - £285,000

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

BYE VIEW is a small detached house of 102m², built sometime between 1976 and 1982. It was last sold for £285,000 in April 2021, which was about the average April 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

BYE VIEW Sold Prices

Land registry data shows two sales for BYE VIEW 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. One of the two BYE VIEW sales was roughly equal to the average price, whilst the other 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
2021 30 APR	£285,000	£285,619	Close to HPI
2003 11 APR	£110,000	£157,448	30% below HPI

BYE VIEW 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 BYE VIEW sales from April 2003 and April 2021 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 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is BYE VIEW?

BYE VIEW is 102m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses by size in North Muskham, and where BYE VIEW lies on this distribution: 22% of detached houses are smaller than BYE VIEW, and 77% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

BYE VIEW: Plot and Title Map

BYE VIEW sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of BYE VIEW, 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 BYE VIEW). 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 BYE VIEW?

BYE VIEW is located on WALTONS LANE in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of BYE VIEW on WALTONS LANE.