42A, LONG LANE, FARNDON, NEWARK, NG24 4SU - £210,000

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

42A LONG LANE is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £210,000 in January 2019, which was around 22% below the average January 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

42A LONG LANE Sold Prices

Land registry data shows four sales for 42A LONG LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 42A 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
2019 7 JAN	£210,000	£269,941	22% below HPI
2017 26 OCT	£152,000	£265,422	43% below HPI
2006 30 NOV	£84,524	£209,567	60% below HPI
2000 28 APR	£62,500	£88,794	30% below HPI

42A 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 four 42A LONG LANE sales between April 2000 and January 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 October 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 42A LONG LANE?

42A LONG LANE is 82m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 42A LONG LANE lies on this distribution: 25% of detached houses are smaller than 42A LONG LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Farndon.

42A LONG LANE: Plot and Title Map

42A LONG LANE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 42A 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 42A 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 42A LONG LANE?

42A LONG LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 42A on LONG LANE.