129, MARSH LANE, FARNDON, NEWARK, NG24 4TF - £285,000

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

129 MARSH LANE is a very large detached house of 151m², built sometime between 1996 and 2002. It was last sold for £285,000 in August 2018, which was around 7% above the average August 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

129 MARSH LANE Sold Prices

Land registry data shows two sales for 129 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. One of the two 129 MARSH LANE sales was for above the average price, whilst the other was 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
2018 21 AUG	£285,000	£266,987	7% above HPI
1998 18 MAR	£32,000	£78,137	59% below HPI

129 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 129 MARSH LANE sales from March 1998 and August 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 March 1998 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 129 MARSH LANE?

129 MARSH LANE is 151m² according to the EPC inspection conducted in August 2017. 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 129 MARSH LANE lies on this distribution: 87% of detached houses are smaller than 129 MARSH LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Farndon.

129 MARSH LANE: Plot and Title Map

129 MARSH LANE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 129 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 129 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 129 MARSH LANE?

129 MARSH LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 129 on MARSH LANE.