50, LONG LANE, FARNDON, NEWARK, NG24 4TX - £250,000

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.

50 LONG LANE is a very large detached house of 159m², built sometime between 2003 and 2006, which could now be worth an estimated £417,382. It was last sold for £250,000 in October 2013, which was around 19% above the average October 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

50 LONG LANE Sold Prices

Land registry data shows three sales for 50 LONG LANE 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. Two of the three 50 LONG LANE sales were for above the average price, whilst one was 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
2013 4 OCT	£250,000	£210,834	19% above HPI
2005 4 NOV	£246,000	£215,923	14% above HPI
2004 30 MAR	£180,000	£188,702	5% below HPI

50 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 three 50 LONG LANE sales between March 2004 and October 2013 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 November 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2013 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 50 LONG LANE be worth now?

50 LONG LANE might now be worth an estimated £417,382.

This is based on house price inflation of 67%, between October 2013 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 67% inflationary increase is applied to the most recent sale price for 50 LONG LANE of £250,000 on 4th October 2013. For the value to have increased from £250,000 to £417,382 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 50 LONG LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 50 LONG LANE has not materially changed since October 2013.

How Large is 50 LONG LANE?

50 LONG LANE is 159m² according to the EPC inspection conducted in September 2012. This puts it in the largest 10% 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 50 LONG LANE lies on this distribution: 91% of detached houses houses are smaller than 50 LONG LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Farndon.

50 LONG LANE: Plot and Title Map

50 LONG LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 50 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 50 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 50 LONG LANE?

50 LONG LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 50 on LONG LANE.