120, MARSH LANE, FARNDON, NEWARK, NG24 4TG - £170,000

120 MARSH LANE is a large extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £170,000 in March 2015, which was around 23% below the average March 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

120 MARSH LANE Sold Prices

Land registry data shows two sales for 120 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. Both of the two 120 MARSH LANE 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
2015 6 MAR	£170,000	£222,188	23% below HPI
1997 1 SEP	£65,000	£79,684	18% below HPI

120 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 120 MARSH LANE sales from September 1997 and March 2015 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 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 120 MARSH LANE?

120 MARSH LANE is 120m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 120 MARSH LANE lies on this distribution: 67% of detached houses are smaller than 120 MARSH LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Farndon.

120 MARSH LANE: Plot and Title Map

120 MARSH LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 120 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 120 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 120 MARSH LANE?

120 MARSH LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 120 on MARSH LANE.