11, WYKE LANE, FARNDON, NEWARK, NG24 3SP - £355,000

11 WYKE LANE is a very large extended detached house of 218m², built sometime between 1967 and 1975. It was last sold for £355,000 in October 2018, which was around 28% above the average October 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

11 WYKE LANE Sold Prices

Land registry data shows three sales for 11 WYKE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 11 WYKE LANE 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
2018 23 OCT	£355,000	£276,728	28% above HPI
2005 18 NOV	£242,000	£207,415	17% above HPI
2004 28 MAY	£215,000	£183,950	17% above HPI

11 WYKE LANE 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 three 11 WYKE LANE sales between May 2004 and October 2018 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 November 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 11 WYKE LANE?

11 WYKE LANE is 218m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 11 WYKE LANE lies on this distribution: 95% of detached houses are smaller than 11 WYKE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Farndon.

11 WYKE LANE: Plot and Title Map

11 WYKE LANE sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of 11 WYKE LANE, 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 11 WYKE LANE). 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 11 WYKE LANE?

11 WYKE LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 11 on WYKE LANE.