LONGCROFT, MANSFIELD ROAD, FARNSFIELD, NEWARK, NG22 8HF - £350,000

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

LONGCROFT is a very small detached house of 85m², built sometime before 1900. It was last sold for £350,000 in January 2018, which was around 35% above the average January 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

LONGCROFT Sold Prices

Land registry data shows two sales for LONGCROFT 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 LONGCROFT 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
2018 19 JAN	£350,000	£259,520	35% above HPI
2015 23 OCT	£276,000	£239,424	15% above HPI

LONGCROFT 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 LONGCROFT sales from October 2015 and January 2018 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 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2018 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is LONGCROFT?

LONGCROFT is 85m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 LONGCROFT lies on this distribution: 13% of detached houses are smaller than LONGCROFT, and 86% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

LONGCROFT: Plot and Title Map

LONGCROFT sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of LONGCROFT, 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 LONGCROFT). 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 LONGCROFT?

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