FIELD VIEW, WASHTUB LANE, SOUTH SCARLE, NEWARK, NG23 7JN - £390,000

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

FIELD VIEW is a very small extended detached house of 122m², built sometime between 1996 and 2002. It was last sold for £390,000 in January 2023, which was around 15% above the average January 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was A.

FIELD VIEW Sold Prices

Land registry data shows two sales for FIELD VIEW 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. One of the two FIELD VIEW sales was for above the average price, whilst the other 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
2023 30 JAN	£390,000	£338,252	15% above HPI
2005 29 JUL	£190,000	£205,901	8% below HPI

FIELD VIEW 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 FIELD VIEW sales from July 2005 and January 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 July 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is FIELD VIEW?

FIELD VIEW is 122m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in South Scarle, based on EPC data. The below chart shows the distribution of detached houses by size in South Scarle, and where FIELD VIEW lies on this distribution: 15% of detached houses are smaller than FIELD VIEW, and 85% of houses are larger. Note that EPC data is not available for all properties in South Scarle.

FIELD VIEW: Plot and Title Map

FIELD VIEW sits on a plot of roughly 2,119.6 acres, or 8,577,597m². The below map shows the location of FIELD VIEW, 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 FIELD VIEW). 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 FIELD VIEW?

FIELD VIEW is located on WASHTUB LANE in SOUTH SCARLE, in the NG23 postcode district. The below map shows the position of FIELD VIEW on WASHTUB LANE.