DANESFIELD, WALTONS LANE, NORTH MUSKHAM, NEWARK, NG23 6EU - £450,000

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

DANESFIELD is a very large extended detached house of 255m², built sometime between 1950 and 1966. It was last sold for £450,000 in November 2020, which was around 55% above the average November 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was D.

DANESFIELD Sold Prices

Land registry data shows four sales for DANESFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. The four DANESFIELD sales were a mix of above the average price, and roughly equal to 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
2020 25 NOV	£450,000	£289,408	55% above HPI
2005 3 AUG	£380,000	£205,372	85% above HPI
1998 5 MAY	£79,950	£79,995	Close to HPI
1996 10 MAY	£125,000	£72,591	72% above HPI

DANESFIELD 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 four DANESFIELD sales between May 1996 and November 2020 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 August 2005 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the November 2020 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is DANESFIELD?

DANESFIELD is 255m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% 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 DANESFIELD lies on this distribution: 94% of detached houses are smaller than DANESFIELD, and 6% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

DANESFIELD: Plot and Title Map

DANESFIELD sits on a plot of roughly 0.544 of an acre, or 2,201m². The below map shows the location of DANESFIELD, 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 DANESFIELD). 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 DANESFIELD?

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