INNISFREE, MANSFIELD ROAD, FARNSFIELD, NEWARK, NG22 8HG - £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

INNISFREE is a very large extended detached house of 202m², built sometime between 1983 and 1990. It was last sold for £390,000 in May 2005, which was around 91% above the average May 2005 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

INNISFREE Sold Prices

Land registry data shows four sales for INNISFREE 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. All of the four INNISFREE 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
2005 6 MAY	£390,000	£204,360	91% above HPI
2003 1 OCT	£342,000	£169,431	102% above HPI
2002 22 NOV	£340,000	£147,399	131% above HPI
1999 10 SEP	£219,995	£89,670	145% above HPI

INNISFREE 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 INNISFREE sales between September 1999 and May 2005 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 October 2003 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the May 2005 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is INNISFREE?

INNISFREE is 202m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where INNISFREE lies on this distribution: 89% of detached houses are smaller than INNISFREE, and 11% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

INNISFREE: Plot and Title Map

INNISFREE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of INNISFREE, 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 INNISFREE). 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 INNISFREE?

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