22, VILLAGE WAY, FARNDON, NEWARK, NG24 4SX - £320,000

22 VILLAGE WAY is a large extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £320,000 in September 2021, which was around 4% above the average September 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

22 VILLAGE WAY Sold Prices

Land registry data shows two sales for 22 VILLAGE WAY 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 22 VILLAGE WAY sales was for above the average price, whilst the other was 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
2021 17 SEP	£320,000	£307,499	4% above HPI
2016 27 MAY	£182,500	£241,520	24% below HPI

22 VILLAGE WAY 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 22 VILLAGE WAY sales from May 2016 and September 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 May 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 22 VILLAGE WAY?

22 VILLAGE WAY is 126m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 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 22 VILLAGE WAY lies on this distribution: 73% of detached houses are smaller than 22 VILLAGE WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Farndon.

22 VILLAGE WAY: Plot and Title Map

22 VILLAGE WAY sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 22 VILLAGE WAY, 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 22 VILLAGE WAY). 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 22 VILLAGE WAY?

22 VILLAGE WAY is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 22 on VILLAGE WAY.