14, LONG MEADOW, FARNSFIELD, NEWARK, NG22 8DR - £206,000

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.

14 LONG MEADOW is a small extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £261,940. It was last sold for £206,000 in February 2020, which was around 26% below the average February 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

14 LONG MEADOW Sold Prices

Land registry data shows two sales for 14 LONG MEADOW 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 14 LONG MEADOW 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 13 FEB	£206,000	£276,821	26% below HPI
1995 11 OCT	£65,000	£72,933	11% below HPI

14 LONG MEADOW 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 14 LONG MEADOW sales from October 1995 and February 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 October 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 14 LONG MEADOW be worth now?

14 LONG MEADOW might now be worth an estimated £261,940.

This is based on house price inflation of 27.2%, between February 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 27.2% inflationary increase is applied to the most recent sale price for 14 LONG MEADOW of £206,000 on 13th February 2020. For the value to have increased from £206,000 to £261,940 over the five years to February 2025, the following assumptions must hold true:

• The value of 14 LONG MEADOW has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2020 sale price of £206,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LONG MEADOW has not materially changed since February 2020.

How Large is 14 LONG MEADOW?

14 LONG MEADOW is 114m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnsfield, and where 14 LONG MEADOW lies on this distribution: 36% of detached houses houses are smaller than 14 LONG MEADOW, and 64% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

14 LONG MEADOW: Plot and Title Map

14 LONG MEADOW sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 14 LONG MEADOW, 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 14 LONG MEADOW). 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 14 LONG MEADOW?

14 LONG MEADOW is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 14 on LONG MEADOW.