108, FOSSE ROAD, FARNDON, NEWARK, NG24 3TJ - £276,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

108 FOSSE ROAD is a very large detached house of 150m², built sometime between 1930 and 1949. It was last sold for £276,500 in June 2021, which was around 6% below the average June 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

108 FOSSE ROAD Sold Prices

Land registry data shows two sales for 108 FOSSE ROAD 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 108 FOSSE ROAD 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
2021 7 JUN	£276,500	£293,503	6% below HPI
2002 20 SEP	£117,500	£141,160	17% below HPI

108 FOSSE ROAD 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 108 FOSSE ROAD sales from September 2002 and June 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 September 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 108 FOSSE ROAD?

108 FOSSE ROAD is 150m² according to the EPC inspection conducted in November 2020. This puts it in the largest 20% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 108 FOSSE ROAD lies on this distribution: 86% of detached houses are smaller than 108 FOSSE ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Farndon.

108 FOSSE ROAD: Plot and Title Map

108 FOSSE ROAD sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of 108 FOSSE ROAD, 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 108 FOSSE ROAD). 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 108 FOSSE ROAD?

108 FOSSE ROAD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 108 on FOSSE ROAD.