28, PARFITT DRIVE, FARNSFIELD, NEWARK, NG22 8FA - £510,000

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

28 PARFITT DRIVE is a large extended detached house of 171m², built sometime between 1996 and 2002. It was last sold for £510,000 in June 2021, which was around 74% above the average June 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

28 PARFITT DRIVE Sold Prices

Land registry data shows three sales for 28 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 28 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
2021 24 JUN	£510,000	£293,503	74% above HPI
2007 4 JAN	£372,000	£212,257	75% above HPI
2000 28 JUL	£186,957	£94,844	97% above HPI

28 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 28 PARFITT DRIVE sales between July 2000 and June 2021 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 January 2007 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the June 2021 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 28 PARFITT DRIVE?

28 PARFITT DRIVE is 171m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where 28 PARFITT DRIVE lies on this distribution: 78% of detached houses are smaller than 28 PARFITT DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

28 PARFITT DRIVE: Plot and Title Map

28 PARFITT DRIVE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 28 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 28 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 28 PARFITT DRIVE?

28 PARFITT DRIVE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 28 on PARFITT DRIVE.