5, LUNN LANE, COLLINGHAM, NEWARK, NG23 7LP - £310,000

5 LUNN LANE is a large detached house of 137m², built sometime between 1983 and 1990. It was last sold for £310,000 in November 2015, which was around 31% above the average November 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

5 LUNN LANE Sold Prices

Land registry data shows three sales for 5 LUNN 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. Two of the three 5 LUNN LANE sales were for above the average price, whilst one 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
2015 17 NOV	£310,000	£237,365	31% above HPI
2006 13 NOV	£207,000	£209,567	1% below HPI
1996 16 DEC	£83,250	£72,320	15% above HPI

5 LUNN 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 5 LUNN LANE sales between December 1996 and November 2015 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 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2015 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 5 LUNN LANE?

5 LUNN LANE is 137m² according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where 5 LUNN LANE lies on this distribution: 71% of detached houses are smaller than 5 LUNN LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Collingham.

5 LUNN LANE: Plot and Title Map

5 LUNN LANE sits on a plot of roughly 1.1 acres, or 4,432m². The below map shows the location of 5 LUNN 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 5 LUNN 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 5 LUNN LANE?

5 LUNN LANE is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 5 on LUNN LANE.