WILLOW BARN, MAIN STREET, KIRKLINGTON, NEWARK, NG22 8NL - £350,000

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.

WILLOW BARN is a small detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £446,103. It was last sold for £350,000 in February 2019, which was around 27% above the average February 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

WILLOW BARN Sold Prices

Land registry data shows two sales for WILLOW BARN 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 WILLOW 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
2019 22 FEB	£350,000	£276,164	27% above HPI
2001 24 AUG	£164,000	£114,166	44% above HPI

WILLOW BARN 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 WILLOW BARN sales from August 2001 and February 2019 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 August 2001 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the February 2019 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might WILLOW BARN be worth now?

WILLOW BARN might now be worth an estimated £446,103.

This is based on house price inflation of 27.5%, between February 2019 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 27.5% inflationary increase is applied to the most recent sale price for WILLOW BARN of £350,000 on 22nd February 2019. For the value to have increased from £350,000 to £446,103 over the six years to February 2025, the following assumptions must hold true:

• The value of WILLOW BARN has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOW BARN has not materially changed since February 2019.

How Large is WILLOW BARN?

WILLOW BARN is 130m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Kirklington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirklington, and where WILLOW BARN lies on this distribution: 21% of detached houses houses are smaller than WILLOW BARN, and 77% of houses are larger. Note that EPC data is not available for all properties in Kirklington.

WILLOW BARN: Plot and Title Map

WILLOW BARN sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW BARN?

WILLOW BARN is located on MAIN STREET in KIRKLINGTON, in the NG22 postcode district. The below map shows the position of WILLOW BARN on MAIN STREET.