18, TRAIL VIEW, FARNSFIELD, NEWARK, NG22 8FP - £297,000

18 TRAIL VIEW is a very small detached house of 79m². It was last sold for £297,000 in May 2022, which was around 5% below the average May 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

18 TRAIL VIEW Sold Prices

Land registry data shows two sales for 18 TRAIL 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. Both of the two 18 TRAIL VIEW 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
2022 26 MAY	£297,000	£312,924	5% below HPI
2017 27 SEP	£249,995	£259,345	4% below HPI

18 TRAIL 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 18 TRAIL VIEW sales from September 2017 and May 2022 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 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 TRAIL VIEW?

18 TRAIL VIEW is 79m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 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 18 TRAIL VIEW lies on this distribution: 8% of detached houses are smaller than 18 TRAIL VIEW, and 91% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

18 TRAIL VIEW: Plot and Title Map

18 TRAIL VIEW sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 18 TRAIL 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 18 TRAIL 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 18 TRAIL VIEW?

18 TRAIL VIEW is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 18 on TRAIL VIEW.