115, MARSH LANE, FARNDON, NEWARK, NG24 4TA - £232,500

115 MARSH LANE is a small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £232,500 in November 2011, which was around 15% above the average November 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

115 MARSH LANE Sold Prices

Land registry data shows two sales for 115 MARSH LANE 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 115 MARSH LANE sales was for above the average price, whilst the other was roughly equal to 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 24 NOV	£232,500	£202,715	15% above HPI
2007 31 MAY	£218,950	£219,182	Close to HPI

115 MARSH LANE 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 115 MARSH LANE sales from May 2007 and November 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 May 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 115 MARSH LANE?

115 MARSH LANE is 84m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 115 MARSH LANE lies on this distribution: 29% of detached houses are smaller than 115 MARSH LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Farndon.

115 MARSH LANE: Plot and Title Map

115 MARSH LANE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 115 MARSH LANE, 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 115 MARSH LANE). 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 115 MARSH LANE?

115 MARSH LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 115 on MARSH LANE.