126, FOSSE ROAD, FARNDON, NEWARK, NG24 3TJ - £260,000

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.

126 FOSSE ROAD is a small extended detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £324,172. It was last sold for £260,000 in July 2020, which was around 8% below the average July 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

126 FOSSE ROAD Sold Prices

Land registry data shows two sales for 126 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 126 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
2020 1 JUL	£260,000	£282,314	8% below HPI
1997 5 SEP	£49,500	£82,953	40% below HPI

126 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 126 FOSSE ROAD sales from September 1997 and July 2020 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 1997 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 126 FOSSE ROAD be worth now?

126 FOSSE ROAD might now be worth an estimated £324,172.

This is based on house price inflation of 24.7%, between July 2020 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 24.7% inflationary increase is applied to the most recent sale price for 126 FOSSE ROAD of £260,000 on 1st July 2020. For the value to have increased from £260,000 to £324,172 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 126 FOSSE ROAD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 126 FOSSE ROAD has not materially changed since July 2020.

How Large is 126 FOSSE ROAD?

126 FOSSE ROAD is 86m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 126 FOSSE ROAD lies on this distribution: 29% of detached houses houses are smaller than 126 FOSSE ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Farndon.

126 FOSSE ROAD: Plot and Title Map

126 FOSSE ROAD sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 126 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 126 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 126 FOSSE ROAD?

126 FOSSE ROAD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 126 on FOSSE ROAD.