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

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

THE BRAMBLES is a large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £500,000 in March 2024, which was around 54% 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	£324,008	54% above HPI
2010 21 DEC	£320,000	£212,491	51% above HPI
2007 19 NOV	£335,000	£227,603	47% above HPI
2004 30 APR	£284,950	£181,908	57% 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 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the March 2024 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

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 in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where THE BRAMBLES lies on this distribution: 72% of detached houses are smaller than THE BRAMBLES, and 28% 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.