YEW TREE HOUSE, CHAPEL LANE, FARNSFIELD, NEWARK, NG22 8JP - £550,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

YEW TREE HOUSE is a very large extended detached house of 208m², built sometime between 2003 and 2006. It was last sold for £550,000 in January 2021, which was around 88% above the average January 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

YEW TREE HOUSE Sold Prices

Land registry data shows three sales for YEW TREE HOUSE 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 YEW TREE HOUSE 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
2021 27 JAN	£550,000	£292,485	88% above HPI
2015 1 SEP	£489,950	£237,613	106% above HPI
2006 10 APR	£425,000	£202,321	110% above HPI

YEW TREE HOUSE 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 YEW TREE HOUSE sales between April 2006 and January 2021 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 2015 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the January 2021 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is YEW TREE HOUSE?

YEW TREE HOUSE is 208m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where YEW TREE HOUSE lies on this distribution: 91% of detached houses are smaller than YEW TREE HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

YEW TREE HOUSE: Plot and Title Map

YEW TREE HOUSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of YEW TREE HOUSE, 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 YEW TREE HOUSE). 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 YEW TREE HOUSE?

YEW TREE HOUSE is located on CHAPEL LANE in FARNSFIELD, in the NG22 postcode district. The below map shows the position of YEW TREE HOUSE on CHAPEL LANE.