THE BRAMBLES, MANSFIELD ROAD, FARNSFIELD, NEWARK, NG22 8HG - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE BRAMBLES is a large extended detached house of 159m², built sometime between 1996 and 2002, which could now be worth an estimated £536,232. It was last sold for £500,000 in March 2024, which was around 49% above the average March 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

THE BRAMBLES Sold Prices

Land registry data shows four sales for THE BRAMBLES 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 THE BRAMBLES 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 7 MAR	£500,000	£334,769	49% above HPI
2010 21 DEC	£320,000	£221,207	45% above HPI
2007 19 NOV	£335,000	£236,939	41% above HPI
2004 30 APR	£284,950	£189,370	50% above HPI

THE BRAMBLES 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 THE BRAMBLES sales between April 2004 and March 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 December 2010 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2024 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might THE BRAMBLES be worth now?

THE BRAMBLES might now be worth an estimated £536,232.

This is based on house price inflation of 7.2%, between March 2024 and December 2024, 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 7.2% inflationary increase is applied to the most recent sale price for THE BRAMBLES of £500,000 on 7th March 2024. For the value to have increased from £500,000 to £536,232 over the three months to December 2024, the following assumptions must hold true:

• The value of THE BRAMBLES has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2024 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of THE BRAMBLES has not materially changed since March 2024.

How Large is THE BRAMBLES?

THE BRAMBLES is 159m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% 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 THE BRAMBLES lies on this distribution: 71% of detached houses houses are smaller than THE BRAMBLES, and 29% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

THE BRAMBLES: Plot and Title Map

THE BRAMBLES sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of THE BRAMBLES, 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 THE BRAMBLES). 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 THE BRAMBLES?

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