18, MARSH LANE, FARNDON, NEWARK, NG24 3SZ - £169,000

18 MARSH LANE is a midsized extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £169,000 in December 2013, which was around 20% below the average December 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

18 MARSH LANE Sold Prices

Land registry data shows two sales for 18 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 18 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
2013 16 DEC	£169,000	£210,215	20% below HPI
2004 15 OCT	£160,000	£194,488	18% below HPI

18 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 18 MARSH LANE sales from October 2004 and December 2013 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 October 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 MARSH LANE?

18 MARSH LANE is 103m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 18 MARSH LANE lies on this distribution: 51% of detached houses are smaller than 18 MARSH LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Farndon.

18 MARSH LANE: Plot and Title Map

18 MARSH LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 18 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 18 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 18 MARSH LANE?

18 MARSH LANE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 18 on MARSH LANE.