5, GREENVALE, FARNSFIELD, NEWARK, NG22 8DL - £230,000

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

5 GREENVALE is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £230,000 in August 2019, which was around 15% below the average August 2019 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 B.

5 GREENVALE Sold Prices

Land registry data shows three sales for 5 GREENVALE 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 5 GREENVALE 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 9 AUG	£230,000	£269,732	15% below HPI
2002 5 AUG	£127,000	£139,971	9% below HPI
1995 21 JUL	£68,500	£72,067	5% below HPI

5 GREENVALE 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 5 GREENVALE sales between July 1995 and August 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 August 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 GREENVALE?

5 GREENVALE is 106m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 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 5 GREENVALE lies on this distribution: 29% of detached houses are smaller than 5 GREENVALE, and 70% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

5 GREENVALE: Plot and Title Map

5 GREENVALE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 5 GREENVALE, 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 5 GREENVALE). 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 5 GREENVALE?

5 GREENVALE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 5 on GREENVALE.