26, SPRING LANE, FARNSFIELD, NEWARK, NG22 8LD - £399,950

26 SPRING LANE is a midsized extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £399,950 in March 2022, which was around 27% above the average March 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

26 SPRING LANE Sold Prices

Land registry data shows three sales for 26 SPRING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 26 SPRING LANE sales were for above 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 28 MAR	£399,950	£314,916	27% above HPI
2015 6 AUG	£292,000	£230,828	27% above HPI
2005 20 JUL	£291,000	£205,901	41% above HPI

26 SPRING 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 three 26 SPRING LANE sales between July 2005 and March 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 August 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2022 sale, which was also at 27% above the HPI.

How Large is 26 SPRING LANE?

26 SPRING LANE is 122m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where 26 SPRING LANE lies on this distribution: 45% of detached houses are smaller than 26 SPRING LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

26 SPRING LANE: Plot and Title Map

26 SPRING LANE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 26 SPRING 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 26 SPRING 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 26 SPRING LANE?

26 SPRING LANE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 26 on SPRING LANE.