4, PARFITT DRIVE, FARNSFIELD, NEWARK, NG22 8FA - £540,000

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

4 PARFITT DRIVE is a large detached house of 165m², built sometime between 1996 and 2002. It was last sold for £540,000 in September 2021, which was around 82% above the average September 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

4 PARFITT DRIVE Sold Prices

Land registry data shows two sales for 4 PARFITT DRIVE 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 4 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 10 SEP	£540,000	£296,194	82% above HPI
2000 18 MAY	£211,966	£89,960	136% above HPI

4 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 two 4 PARFITT DRIVE sales from May 2000 and September 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 May 2000 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the September 2021 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is 4 PARFITT DRIVE?

4 PARFITT DRIVE is 165m² according to the EPC inspection conducted in April 2018. 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 4 PARFITT DRIVE lies on this distribution: 75% of detached houses are smaller than 4 PARFITT DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

4 PARFITT DRIVE: Plot and Title Map

4 PARFITT DRIVE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 4 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 4 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 4 PARFITT DRIVE?

4 PARFITT DRIVE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 4 on PARFITT DRIVE.