IVALO, MILL LANE, EAKRING, NEWARK, NG22 0DL - £255,000

IVALO is a very small extended detached house of 106m², built sometime between 2003 and 2006. It was last sold for £255,000 in July 2016, which was around 5% above the average July 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

IVALO Sold Prices

Land registry data shows three sales for IVALO 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 IVALO 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
2016 25 JUL	£255,000	£241,957	5% above HPI
2006 16 JUN	£224,000	£207,227	8% above HPI
2005 7 MAR	£215,000	£201,811	7% above HPI

IVALO 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 IVALO sales between March 2005 and July 2016 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 June 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is IVALO?

IVALO is 106m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Eakring, based on EPC data. The below chart shows the distribution of detached houses by size in Eakring, and where IVALO lies on this distribution: 9% of detached houses are smaller than IVALO, and 91% of houses are larger. Note that EPC data is not available for all properties in Eakring.

IVALO: Plot and Title Map

IVALO sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of IVALO, 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 IVALO). 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 IVALO?

IVALO is located on MILL LANE in EAKRING, in the NG22 postcode district. The below map shows the position of IVALO on MILL LANE.