16, BELL LANE, COLLINGHAM, NEWARK, NG23 7LR - £287,500

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.

16 BELL LANE is a very small extended terraced house of 78m², built sometime before 1900, which could now be worth an estimated £303,071. It was last sold for £287,500 in July 2022, which was around 77% above the average July 2022 terraced price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

16 BELL LANE Sold Prices

Land registry data shows five sales for 16 BELL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five 16 BELL 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
2022 14 JUL	£287,500	£162,260	77% above HPI
2017 8 DEC	£230,000	£129,059	78% above HPI
2015 13 NOV	£170,000	£117,338	45% above HPI
2005 9 FEB	£144,950	£99,256	46% above HPI
1996 10 MAY	£49,500	£33,752	47% above HPI

16 BELL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The five 16 BELL LANE sales between May 1996 and July 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 December 2017 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the July 2022 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 16 BELL LANE be worth now?

16 BELL LANE might now be worth an estimated £303,071.

This is based on house price inflation of 5.4%, between July 2022 and July 2025, for terraced 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 5.4% inflationary increase is applied to the most recent sale price for 16 BELL LANE of £287,500 on 14th July 2022. For the value to have increased from £287,500 to £303,071 over the three years to July 2025, the following assumptions must hold true:

• The value of 16 BELL LANE has moved in line with the HPI for terraced houses in the Newark and Sherwood local authority area.
• The July 2022 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 16 BELL LANE has not materially changed since July 2022.

How Large is 16 BELL LANE?

16 BELL LANE is 78m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of terraced houses houses in Collingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Collingham, and where 16 BELL LANE lies on this distribution: 12% of terraced houses houses are smaller than 16 BELL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Collingham.

16 BELL LANE: Plot and Title Map

16 BELL LANE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 16 BELL 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 16 BELL 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 16 BELL LANE?

16 BELL LANE is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 16 on BELL LANE.