34, LONG LANE, FARNDON, NEWARK, NG24 4SU - £167,950

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.

34 LONG LANE is a small detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £270,905. It was last sold for £167,950 in July 2006, which was around 23% below the average July 2006 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

34 LONG LANE Sold Prices

Land registry data shows two sales for 34 LONG 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. Both of the two 34 LONG LANE 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
2006 14 JUL	£167,950	£218,221	23% below HPI
1998 3 JUL	£59,950	£86,085	30% below HPI

34 LONG 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 34 LONG LANE sales from July 1998 and July 2006 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 July 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2006 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 34 LONG LANE be worth now?

34 LONG LANE might now be worth an estimated £270,905.

This is based on house price inflation of 61.3%, between July 2006 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 61.3% inflationary increase is applied to the most recent sale price for 34 LONG LANE of £167,950 on 14th July 2006. For the value to have increased from £167,950 to £270,905 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 34 LONG LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2006 sale price of £167,950 represented a fair market value for the property.
• The size, condition, and specification of 34 LONG LANE has not materially changed since July 2006.

How Large is 34 LONG LANE?

34 LONG LANE is 91m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 40% 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 34 LONG LANE lies on this distribution: 35% of detached houses houses are smaller than 34 LONG LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Farndon.

34 LONG LANE: Plot and Title Map

34 LONG LANE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 34 LONG 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 34 LONG 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 34 LONG LANE?

34 LONG LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 34 on LONG LANE.