LARK RISE, LINCOLN ROAD, EAST MARKHAM, NEWARK, NG22 0SL - £915,000

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

LARK RISE is a very large detached house of 284m², built sometime from 2012 onwards. It was last sold for £915,000 in May 2024, which was around 212% above the average May 2024 detached price in the Bassetlaw local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

LARK RISE Sold Prices

Land registry data shows three sales for LARK RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the three LARK RISE 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
2024 8 MAY	£915,000	£293,110	212% above HPI
2021 7 SEP	£370,000	£258,961	43% above HPI
2007 7 SEP	£280,000	£200,715	40% above HPI

LARK RISE 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 three LARK RISE sales between September 2007 and May 2024 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 2021 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2024 sale, where it rises to 212% above the HPI. The line then continues to track at 212% above the HPI.

How Large is LARK RISE?

LARK RISE is 284m² according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in East Markham, based on EPC data. The below chart shows the distribution of detached houses by size in East Markham, and where LARK RISE lies on this distribution: 91% of detached houses are smaller than LARK RISE, and 9% of houses are larger. Note that EPC data is not available for all properties in East Markham.

LARK RISE: Plot and Title Map

LARK RISE sits on a plot of roughly 1.3 acres, or 5,382m². The below map shows the location of LARK RISE, 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 LARK RISE). 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 LARK RISE?

LARK RISE is located on LINCOLN ROAD in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of LARK RISE on LINCOLN ROAD.