EASTCOT, MANSFIELD ROAD, FARNSFIELD, NEWARK, NG22 8HF - £239,000

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

EASTCOT is a small detached house of 97m², built sometime before 1900. It was last sold for £239,000 in June 2023, which was around 25% below the average June 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

EASTCOT Sold Prices

Land registry data shows four sales for EASTCOT 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. Most of the four EASTCOT 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
2023 30 JUN	£239,000	£319,266	25% below HPI
2019 5 DEC	£240,000	£272,780	12% below HPI
2002 18 OCT	£125,000	£143,192	13% below HPI
1999 23 NOV	£95,000	£87,920	8% above HPI

EASTCOT 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 EASTCOT sales between November 1999 and June 2023 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 December 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is EASTCOT?

EASTCOT is 97m² according to the EPC inspection conducted in March 2020. 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 EASTCOT lies on this distribution: 23% of detached houses are smaller than EASTCOT, and 77% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

EASTCOT: Plot and Title Map

EASTCOT sits on a plot of roughly 0.010 of an acre, or 42m². The below map shows the location of EASTCOT, 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 EASTCOT). 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 EASTCOT?

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