BRIARBANK, MANSFIELD ROAD, FARNSFIELD, NEWARK, NG22 8HH - £388,000

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

BRIARBANK is a very large extended detached house of 227m², built sometime between 1930 and 1949. It was last sold for £388,000 in June 2004, which was around 106% above the average June 2004 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

BRIARBANK Sold Prices

Land registry data shows two sales for BRIARBANK 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 BRIARBANK 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
2004 25 JUN	£388,000	£188,564	106% above HPI
1999 26 JUL	£245,000	£85,619	186% above HPI

BRIARBANK 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 BRIARBANK sales from July 1999 and June 2004 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 July 1999 sale was for 186% above the HPI. So the extrapolation line tracks at 186% above the HPI over time, until the June 2004 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is BRIARBANK?

BRIARBANK is 227m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 10% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where BRIARBANK lies on this distribution: 94% of detached houses are smaller than BRIARBANK, and 6% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

BRIARBANK: Plot and Title Map

BRIARBANK sits on a plot of roughly 0.420 of an acre, or 1,699m². The below map shows the location of BRIARBANK, 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 BRIARBANK). 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 BRIARBANK?

BRIARBANK is located on MANSFIELD ROAD in FARNSFIELD, in the NG22 postcode district. The below map shows the position of BRIARBANK on MANSFIELD ROAD.