THE BARN, HALL LANE, EAST MARKHAM, NEWARK, NG22 0RA - £318,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE BARN is a small extended detached house of 141m², built sometime before 1900. It was last sold for £318,000 in November 2020, which was around 31% above the average November 2020 detached price in the Bassetlaw local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows three sales for THE BARN 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 THE BARN 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
2020 17 NOV	£318,000	£242,213	31% above HPI
1999 20 MAY	£106,000	£71,919	47% above HPI
1995 22 FEB	£90,000	£64,673	39% above HPI

THE BARN 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 THE BARN sales between February 1995 and November 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 May 1999 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2020 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is THE BARN?

THE BARN is 141m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% 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 THE BARN lies on this distribution: 36% of detached houses are smaller than THE BARN, and 63% of houses are larger. Note that EPC data is not available for all properties in East Markham.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on HALL LANE in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of THE BARN on HALL LANE.