7, FARM LANE, EAST MARKHAM, NEWARK, NG22 0QH - £180,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 FARM LANE is a very small extended semi-detached house of 83m², built sometime between 1900 and 1929. It was last sold for £180,000 in May 2022, which was around 35% below the average May 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was B.

7 FARM LANE Sold Prices

Land registry data shows four sales for 7 FARM 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 Bassetlaw local authority area for the corresponding sale date. All of the four 7 FARM 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
2022 25 MAY	£180,000	£277,644	35% below HPI
2010 25 JUN	£125,000	£176,274	29% below HPI
2003 20 JUN	£68,000	£125,676	46% below HPI
1997 20 MAR	£27,500	£65,159	58% below HPI

7 FARM LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The four 7 FARM LANE sales between March 1997 and May 2022 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 June 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 FARM LANE?

7 FARM LANE is 83m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in East Markham, based on EPC data. The below chart shows the distribution of detached houses by size in East Markham, and where 7 FARM LANE lies on this distribution: 7% of detached houses are smaller than 7 FARM LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in East Markham.

7 FARM LANE: Plot and Title Map

7 FARM LANE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 7 FARM 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 7 FARM 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 7 FARM LANE?

7 FARM LANE is located in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of No. 7 on FARM LANE.