40, FOSSE ROAD, FARNDON, NEWARK, NG24 4ST - £190,000

40 FOSSE ROAD is a small detached house of 93m², built sometime between 1900 and 1929. It was last sold for £190,000 in July 2015, which was around 16% below the average July 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

40 FOSSE ROAD Sold Prices

Land registry data shows two sales for 40 FOSSE ROAD 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 40 FOSSE ROAD 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 24 JUL	£190,000	£227,298	16% below HPI
2002 22 NOV	£125,000	£147,399	15% below HPI

40 FOSSE ROAD 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 40 FOSSE ROAD sales from November 2002 and July 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 November 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 40 FOSSE ROAD?

40 FOSSE ROAD is 93m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 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 40 FOSSE ROAD lies on this distribution: 39% of detached houses are smaller than 40 FOSSE ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Farndon.

40 FOSSE ROAD: Plot and Title Map

40 FOSSE ROAD sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 40 FOSSE ROAD, 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 40 FOSSE ROAD). 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 40 FOSSE ROAD?

40 FOSSE ROAD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 40 on FOSSE ROAD.