MULBERRY, STATION LANE, FARNSFIELD, NEWARK, NG22 8LB - £395,000

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

MULBERRY is a small detached house of 105m², built sometime from 2007 onwards. It was last sold for £395,000 in September 2012, which was around 86% above the average September 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2009, where the current energy rating was B, and the potential energy rating was B.

MULBERRY Sold Prices

Land registry data shows two sales for MULBERRY 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 MULBERRY 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
2012 10 SEP	£395,000	£211,940	86% above HPI
2010 25 MAY	£392,500	£202,004	94% above HPI

MULBERRY 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 MULBERRY sales from May 2010 and September 2012 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 May 2010 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the September 2012 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is MULBERRY?

MULBERRY is 105m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 30% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where MULBERRY lies on this distribution: 28% of detached houses are smaller than MULBERRY, and 72% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

MULBERRY: Plot and Title Map

MULBERRY sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of MULBERRY, 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 MULBERRY). 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 MULBERRY?

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