LIMES LODGE, CHAPEL LANE, FARNSFIELD, NEWARK, NG22 8JW - £362,600

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LIMES LODGE is a very large extended detached house of 192m², built sometime between 1967 and 1975, which could now be worth an estimated £602,928. It was last sold for £362,600 in November 2013, which was around 71% above the average November 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

LIMES LODGE Sold Prices

Land registry data shows three sales for LIMES LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three LIMES LODGE 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
2013 22 NOV	£362,600	£211,688	71% above HPI
2004 26 NOV	£390,000	£208,702	87% above HPI
2001 5 JUL	£158,000	£107,578	47% above HPI

LIMES LODGE 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 three LIMES LODGE sales between July 2001 and November 2013 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 November 2004 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the November 2013 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might LIMES LODGE be worth now?

LIMES LODGE might now be worth an estimated £602,928.

This is based on house price inflation of 66.3%, between November 2013 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.3% inflationary increase is applied to the most recent sale price for LIMES LODGE of £362,600 on 22nd November 2013. For the value to have increased from £362,600 to £602,928 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of LIMES LODGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2013 sale price of £362,600 represented a fair market value for the property.
• The size, condition, and specification of LIMES LODGE has not materially changed since November 2013.

How Large is LIMES LODGE?

LIMES LODGE is 192m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 20% of detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnsfield, and where LIMES LODGE lies on this distribution: 85% of detached houses houses are smaller than LIMES LODGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

LIMES LODGE: Plot and Title Map

LIMES LODGE sits on a plot of roughly 0.242 of an acre, or 979m². The below map shows the location of LIMES LODGE, 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 LIMES LODGE). 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 LIMES LODGE?

LIMES LODGE is located on CHAPEL LANE in FARNSFIELD, in the NG22 postcode district. The below map shows the position of LIMES LODGE on CHAPEL LANE.