CLIFTON, CHAPEL LANE, FARNSFIELD, NEWARK, NG22 8JP - £295,000

CLIFTON is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £295,000 in July 2019, which was around 10% above the average July 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

CLIFTON Sold Prices

Land registry data shows two sales for CLIFTON 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 CLIFTON 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
2019 16 JUL	£295,000	£267,974	10% above HPI
2008 10 JAN	£245,000	£224,204	9% above HPI

CLIFTON 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 CLIFTON sales from January 2008 and July 2019 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 January 2008 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is CLIFTON?

CLIFTON is 100m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where CLIFTON lies on this distribution: 25% of detached houses are smaller than CLIFTON, and 74% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

CLIFTON: Plot and Title Map

CLIFTON sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of CLIFTON, 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 CLIFTON). 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 CLIFTON?

CLIFTON is located on CHAPEL LANE in FARNSFIELD, in the NG22 postcode district. The below map shows the position of CLIFTON on CHAPEL LANE.