FERNSFIELD HOUSE, MANSFIELD ROAD, FARNSFIELD, NEWARK, NG22 8HH - £860,000

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

FERNSFIELD HOUSE is a very large detached house of 243m², built sometime between 1996 and 2002. It was last sold for £860,000 in September 2021, which was around 190% above the average September 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

FERNSFIELD HOUSE Sold Prices

Land registry data shows four sales for FERNSFIELD HOUSE 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 FERNSFIELD HOUSE 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
2021 30 SEP	£860,000	£296,194	190% above HPI
2002 9 AUG	£38,500	£139,971	72% below HPI
2001 26 OCT	£355,000	£111,058	220% above HPI
1996 25 OCT	£145,000	£73,907	96% above HPI

FERNSFIELD HOUSE 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 FERNSFIELD HOUSE sales between October 1996 and September 2021 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 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the September 2021 sale, where it rises to 190% above the HPI. The line then continues to track at 190% above the HPI.

How Large is FERNSFIELD HOUSE?

FERNSFIELD HOUSE is 243m² according to the EPC inspection conducted in June 2021. 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 FERNSFIELD HOUSE lies on this distribution: 95% of detached houses are smaller than FERNSFIELD HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

FERNSFIELD HOUSE: Plot and Title Map

FERNSFIELD HOUSE sits on a plot of roughly 0.375 of an acre, or 1,517m². The below map shows the location of FERNSFIELD HOUSE, 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 FERNSFIELD HOUSE). 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 FERNSFIELD HOUSE?

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