SPECKLED WOOD, KIRKLINGTON ROAD, EAKRING, NEWARK, NG22 0DA - £630,000

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.

SPECKLED WOOD is a large detached house of 186m², which could now be worth an estimated £772,816. It was last sold for £630,000 in August 2020, which was around 120% above the average August 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was B.

SPECKLED WOOD Sold Prices

Land registry data shows two sales for SPECKLED WOOD 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. One of the two SPECKLED WOOD sales was for above the average price, whilst the other was for below 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 21 AUG	£630,000	£286,945	120% above HPI
2015 3 JUN	£110,000	£228,542	52% below HPI

SPECKLED WOOD 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 SPECKLED WOOD sales from June 2015 and August 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 June 2015 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the August 2020 sale, where it rises to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might SPECKLED WOOD be worth now?

SPECKLED WOOD might now be worth an estimated £772,816.

This is based on house price inflation of 22.7%, between August 2020 and February 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 22.7% inflationary increase is applied to the most recent sale price for SPECKLED WOOD of £630,000 on 21st August 2020. For the value to have increased from £630,000 to £772,816 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of SPECKLED WOOD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2020 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of SPECKLED WOOD has not materially changed since August 2020.

How Large is SPECKLED WOOD?

SPECKLED WOOD is 186m² according to the EPC inspection conducted in July 2017. This puts it in the largest 40% 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 SPECKLED WOOD lies on this distribution: 69% of detached houses houses are smaller than SPECKLED WOOD, and 31% of houses are larger. Note that EPC data is not available for all properties in Eakring.

SPECKLED WOOD: Plot and Title Map

SPECKLED WOOD sits on a plot of roughly 0.360 of an acre, or 1,458m². The below map shows the location of SPECKLED WOOD, 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 SPECKLED WOOD). 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 SPECKLED WOOD?

SPECKLED WOOD is located on KIRKLINGTON ROAD in EAKRING, in the NG22 postcode district. The below map shows the position of SPECKLED WOOD on KIRKLINGTON ROAD.