LONDON HOUSE, BECKLAND HILL, EAST MARKHAM, NEWARK, NG22 0QP - £325,000

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.

LONDON HOUSE is a midsized detached house of 151m², built sometime before 1900, which could now be worth an estimated £471,998. It was last sold for £325,000 in June 2017, which was around 51% above the average June 2017 detached price in the Bassetlaw local authority area. The most recent EPC inspection was October 2014, where the current energy rating was G, and the potential energy rating was B.

LONDON HOUSE Sold Prices

Land registry data shows three sales for LONDON HOUSE 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 LONDON HOUSE 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
2017 22 JUN	£325,000	£215,325	51% above HPI
2002 5 SEP	£145,000	£110,703	31% above HPI
1997 30 OCT	£95,000	£69,559	37% above HPI

LONDON HOUSE 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 LONDON HOUSE sales between October 1997 and June 2017 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 2002 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2017 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might LONDON HOUSE be worth now?

LONDON HOUSE might now be worth an estimated £471,998.

This is based on house price inflation of 45.2%, between June 2017 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 45.2% inflationary increase is applied to the most recent sale price for LONDON HOUSE of £325,000 on 22nd June 2017. For the value to have increased from £325,000 to £471,998 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of LONDON HOUSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The June 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of LONDON HOUSE has not materially changed since June 2017.

How Large is LONDON HOUSE?

LONDON HOUSE is 151m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses houses in East Markham, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Markham, and where LONDON HOUSE lies on this distribution: 42% of detached houses houses are smaller than LONDON HOUSE, and 58% of houses are larger. Note that EPC data is not available for all properties in East Markham.

LONDON HOUSE: Plot and Title Map

LONDON HOUSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of LONDON HOUSE, 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 LONDON HOUSE). 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 LONDON HOUSE?

LONDON HOUSE is located on BECKLAND HILL in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of LONDON HOUSE on BECKLAND HILL.