WILLOUGHBY LODGE, GREEN LANE, WALESBY, NEWARK, NG22 9PA - £395,000

WILLOUGHBY LODGE is a very large extended detached house of 158m², built sometime between 1900 and 1929. It was last sold for £395,000 in November 2018, which was around 44% above the average November 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

WILLOUGHBY LODGE Sold Prices

Land registry data shows three sales for WILLOUGHBY LODGE 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 WILLOUGHBY LODGE 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
2018 16 NOV	£395,000	£274,400	44% above HPI
2005 26 SEP	£335,000	£207,291	62% above HPI
2001 18 MAY	£198,000	£98,095	102% above HPI

WILLOUGHBY LODGE 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 WILLOUGHBY LODGE sales between May 2001 and November 2018 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 September 2005 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the November 2018 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is WILLOUGHBY LODGE?

WILLOUGHBY LODGE is 158m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% of detached houses in Walesby, based on EPC data. The below chart shows the distribution of detached houses by size in Walesby, and where WILLOUGHBY LODGE lies on this distribution: 84% of detached houses are smaller than WILLOUGHBY LODGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Walesby.

WILLOUGHBY LODGE: Plot and Title Map

WILLOUGHBY LODGE sits on a plot of roughly 0.288 of an acre, or 1,164m². The below map shows the location of WILLOUGHBY LODGE, 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 WILLOUGHBY LODGE). 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 WILLOUGHBY LODGE?

WILLOUGHBY LODGE is located on GREEN LANE in WALESBY, in the NG22 postcode district. The below map shows the position of WILLOUGHBY LODGE on GREEN LANE.