GRASMERE, BACK LANE, EAKRING, NEWARK, NG22 0DJ - £499,995

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.

GRASMERE is a small extended detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £553,775. It was last sold for £499,995 in April 2022, which was around 55% above the average April 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

GRASMERE Sold Prices

Land registry data shows one sale for GRASMERE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 22 APR	£499,995	£323,033	55% above HPI

What might GRASMERE be worth now?

GRASMERE might now be worth an estimated £553,775.

This is based on house price inflation of 10.8%, between April 2022 and April 2026, for detached 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 10.8% inflationary increase is applied to the most recent sale price for GRASMERE of £499,995 on 22nd April 2022. For the value to have increased from £499,995 to £553,775 over the four years to April 2026, the following assumptions must hold true:

• The value of GRASMERE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2022 sale price of £499,995 represented a fair market value for the property.
• The size, condition, and specification of GRASMERE has not materially changed since April 2022.

How Large is GRASMERE?

GRASMERE is 135m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses in Eakring, based on EPC data. The below chart shows the distribution of detached houses by size in Eakring, and where GRASMERE lies on this distribution: 24% of detached houses are smaller than GRASMERE, and 76% of detached houses are larger. Note that EPC data is not available for all properties in Eakring.

GRASMERE: Plot

GRASMERE sits on a plot of roughly 0.125 of an acre, or 507m².

Where is GRASMERE?

GRASMERE is located on BACK LANE in EAKRING, in the NG22 postcode district.