WOOD VIEW, STATION LANE, FARNSFIELD, NEWARK, NG22 8LB - £310,000

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

WOOD VIEW is a small extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £310,000 in February 2017, which was around 29% above the average February 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

WOOD VIEW Sold Prices

Land registry data shows two sales for WOOD VIEW 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. One of the two WOOD VIEW sales was for above the average price, whilst the other was 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
2017 28 FEB	£310,000	£240,985	29% above HPI
2010 13 MAY	£175,000	£202,004	13% below HPI

WOOD VIEW 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 WOOD VIEW sales from May 2010 and February 2017 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2017 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is WOOD VIEW?

WOOD VIEW is 104m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 WOOD VIEW lies on this distribution: 27% of detached houses are smaller than WOOD VIEW, and 72% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

WOOD VIEW: Plot and Title Map

WOOD VIEW sits on a plot of roughly 0.245 of an acre, or 992m². The below map shows the location of WOOD VIEW, 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 WOOD VIEW). 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 WOOD VIEW?

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