24, PARFITT DRIVE, FARNSFIELD, NEWARK, NG22 8FA - £460,000

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

24 PARFITT DRIVE is a large detached house of 172m², built sometime between 1996 and 2002. It was last sold for £460,000 in July 2019, which was around 72% above the average July 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was C.

24 PARFITT DRIVE Sold Prices

Land registry data shows three sales for 24 PARFITT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 24 PARFITT DRIVE sales were for above 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
2019 2 JUL	£460,000	£267,974	72% above HPI
2018 7 FEB	£442,500	£266,918	66% above HPI
2000 29 SEP	£222,889	£102,782	117% above HPI

24 PARFITT DRIVE 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 three 24 PARFITT DRIVE sales between September 2000 and July 2019 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 February 2018 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the July 2019 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 24 PARFITT DRIVE?

24 PARFITT DRIVE is 172m² according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where 24 PARFITT DRIVE lies on this distribution: 80% of detached houses are smaller than 24 PARFITT DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

24 PARFITT DRIVE: Plot and Title Map

24 PARFITT DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 24 PARFITT DRIVE, 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 24 PARFITT DRIVE). 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 24 PARFITT DRIVE?

24 PARFITT DRIVE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 24 on PARFITT DRIVE.