102, MARSH LANE, FARNDON, NEWARK, NG24 4SZ - £199,950

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.

102 MARSH LANE is a midsized extended detached house of 106m², built sometime between 1930 and 1949, which could now be worth an estimated £282,378. It was last sold for £199,950 in October 2015, which was around 20% below the average October 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

102 MARSH LANE Sold Prices

Land registry data shows three sales for 102 MARSH 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. All of the three 102 MARSH LANE sales were 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 15 OCT	£199,950	£249,244	20% below HPI
2011 20 DEC	£162,000	£215,666	25% below HPI
2006 14 SEP	£165,000	£220,874	25% below HPI

102 MARSH 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 102 MARSH LANE sales between September 2006 and October 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 December 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 102 MARSH LANE be worth now?

102 MARSH LANE might now be worth an estimated £282,378.

This is based on house price inflation of 41.2%, between October 2015 and February 2025, 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 41.2% inflationary increase is applied to the most recent sale price for 102 MARSH LANE of £199,950 on 15th October 2015. For the value to have increased from £199,950 to £282,378 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 102 MARSH LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2015 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 102 MARSH LANE has not materially changed since October 2015.

How Large is 102 MARSH LANE?

102 MARSH LANE is 106m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where 102 MARSH LANE lies on this distribution: 54% of detached houses houses are smaller than 102 MARSH LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Farndon.

102 MARSH LANE: Plot and Title Map

102 MARSH LANE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 102 MARSH 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 102 MARSH 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 102 MARSH LANE?

102 MARSH LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 102 on MARSH LANE.