ILKIS, LAWNWOOD LANE, ELKESLEY, RETFORD, DN22 8AD - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ILKIS is a large extended detached house of 150m², built sometime between 2003 and 2006, which could now be worth an estimated £348,952. It was last sold for £250,000 in March 2019, which was around 12% above the average March 2019 detached price in the Bassetlaw local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

ILKIS Sold Prices

Land registry data shows two sales for ILKIS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. Both of the two ILKIS 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
2019 11 MAR	£250,000	£224,040	12% above HPI
2003 23 MAY	£149,950	£124,133	21% above HPI

ILKIS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The two ILKIS sales from May 2003 and March 2019 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 May 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might ILKIS be worth now?

ILKIS might now be worth an estimated £348,952.

This is based on house price inflation of 39.6%, between March 2019 and February 2025, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.6% inflationary increase is applied to the most recent sale price for ILKIS of £250,000 on 11th March 2019. For the value to have increased from £250,000 to £348,952 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of ILKIS has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The March 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of ILKIS has not materially changed since March 2019.

How Large is ILKIS?

ILKIS is 150m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses houses in Elkesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elkesley, and where ILKIS lies on this distribution: 78% of detached houses houses are smaller than ILKIS, and 22% of houses are larger. Note that EPC data is not available for all properties in Elkesley.

ILKIS: Plot and Title Map

ILKIS sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of ILKIS, 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 ILKIS). 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 ILKIS?

ILKIS is located on LAWNWOOD LANE in ELKESLEY, in the DN22 postcode district. The below map shows the position of ILKIS on LAWNWOOD LANE.