LANES FARM, KIRKLINGTON ROAD, EAKRING, NEWARK, NG22 0DA - £300,000

LANES FARM is a small extended detached house of 151m², built sometime before 1900. It was last sold for £300,000 in April 2021, which was around 5% above the average April 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2022, where the current energy rating was G, and the potential energy rating was D.

LANES FARM Sold Prices

Land registry data shows two sales for LANES FARM 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 LANES FARM 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
2021 16 APR	£300,000	£285,619	5% above HPI
2008 4 APR	£250,000	£214,234	17% above HPI

LANES FARM 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 LANES FARM sales from April 2008 and April 2021 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 April 2008 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is LANES FARM?

LANES FARM is 151m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Eakring, based on EPC data. The below chart shows the distribution of detached houses by size in Eakring, and where LANES FARM lies on this distribution: 39% of detached houses are smaller than LANES FARM, and 61% of houses are larger. Note that EPC data is not available for all properties in Eakring.

LANES FARM: Plot and Title Map

LANES FARM sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of LANES FARM, 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 LANES FARM). 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 LANES FARM?

LANES FARM is located on KIRKLINGTON ROAD in EAKRING, in the NG22 postcode district. The below map shows the position of LANES FARM on KIRKLINGTON ROAD.