LYNBY, WELLOW ROAD, EAKRING, NEWARK, NG22 0DF - £410,000

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.

LYNBY is a small extended detached house of 146m², built sometime before 1900, which could now be worth an estimated £442,976. It was last sold for £410,000 in June 2022, which was around 25% above the average June 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

LYNBY Sold Prices

Land registry data shows two sales for LYNBY 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. Both of the two LYNBY 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
2022 7 JUN	£410,000	£328,664	25% above HPI
2000 28 JUL	£145,000	£98,734	47% above HPI

LYNBY 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 LYNBY sales from July 2000 and June 2022 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 July 2000 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the June 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might LYNBY be worth now?

LYNBY might now be worth an estimated £442,976.

This is based on house price inflation of 8%, between June 2022 and March 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8% inflationary increase is applied to the most recent sale price for LYNBY of £410,000 on 7th June 2022. For the value to have increased from £410,000 to £442,976 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of LYNBY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of LYNBY has not materially changed since June 2022.

How Large is LYNBY?

LYNBY is 146m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses houses in Eakring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eakring, and where LYNBY lies on this distribution: 29% of detached houses houses are smaller than LYNBY, and 71% of houses are larger. Note that EPC data is not available for all properties in Eakring.

LYNBY: Plot and Title Map

LYNBY sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of LYNBY, 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 LYNBY). 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 LYNBY?

LYNBY is located on WELLOW ROAD in EAKRING, in the NG22 postcode district. The below map shows the position of LYNBY on WELLOW ROAD.