LEATHAM, STATION LANE, FARNSFIELD, NEWARK, NG22 8LB - £479,950

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

LEATHAM is a small detached house of 109m², built sometime from 2012 onwards. It was last sold for £479,950 in July 2024, which was around 37% above the average July 2024 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.

LEATHAM Sold Prices

Land registry data shows two sales for LEATHAM 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 LEATHAM 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
2024 26 JUL	£479,950	£350,462	37% above HPI
2014 2 JAN	£315,000	£209,470	50% above HPI

LEATHAM 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 LEATHAM sales from January 2014 and July 2024 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 January 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2024 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is LEATHAM?

LEATHAM is 109m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where LEATHAM lies on this distribution: 32% of detached houses are smaller than LEATHAM, and 67% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

LEATHAM: Plot and Title Map

LEATHAM sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of LEATHAM, 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 LEATHAM). 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 LEATHAM?

LEATHAM is located on STATION LANE in FARNSFIELD, in the NG22 postcode district. The below map shows the position of LEATHAM on STATION LANE.