THE POT SHOP, MAIN STREET, FARNSFIELD, NEWARK, NG22 8EF - £144,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE POT SHOP is a small semi-detached house of 95m², built sometime before 1900. It was last sold for £144,000 in February 2011, which was around 27% below the average February 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was E.

THE POT SHOP Sold Prices

Land registry data shows three sales for THE POT SHOP 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 THE POT SHOP sales were for below 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
2011 18 FEB	£144,000	£197,029	27% below HPI
2007 20 SEP	£151,000	£229,538	34% below HPI
2002 23 AUG	£60,000	£139,971	57% below HPI

THE POT SHOP 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 THE POT SHOP sales between August 2002 and February 2011 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 September 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2011 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is THE POT SHOP?

THE POT SHOP is 95m² according to the EPC inspection conducted in October 2010. 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 THE POT SHOP lies on this distribution: 22% of detached houses are smaller than THE POT SHOP, and 78% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

THE POT SHOP: Plot and Title Map

THE POT SHOP sits on a plot of roughly 0.012 of an acre, or 50m². The below map shows the location of THE POT SHOP, 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 POT SHOP). 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 POT SHOP?

THE POT SHOP is located on MAIN STREET in FARNSFIELD, in the NG22 postcode district. The below map shows the position of THE POT SHOP on MAIN STREET.