118, MARSH LANE, FARNDON, NEWARK, NG24 4TG - £232,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

118 MARSH LANE is a very small detached house of 71m². It was last sold for £232,000 in December 2016, which was around 7% below the average December 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2013, where the current energy rating was B, and the potential energy rating was B.

118 MARSH LANE Sold Prices

Land registry data shows two sales for 118 MARSH LANE 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 118 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
2016 2 DEC	£232,000	£248,516	7% below HPI
2013 20 SEP	£189,950	£204,901	7% below HPI

118 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 two 118 MARSH LANE sales from September 2013 and December 2016 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 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2016 sale, which was also at 7% below the HPI.

How Large is 118 MARSH LANE?

118 MARSH LANE is 71m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 118 MARSH LANE lies on this distribution: 9% of detached houses are smaller than 118 MARSH LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Farndon.

118 MARSH LANE: Plot and Title Map

118 MARSH LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 118 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 118 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 118 MARSH LANE?

118 MARSH LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 118 on MARSH LANE.