LONGLAND, FARNSFIELD ROAD, BILSTHORPE, NEWARK, NG22 8SJ - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LONGLAND is a small detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £386,048. It was last sold for £285,000 in December 2016, which was around 10% above the average December 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

LONGLAND Sold Prices

Land registry data shows three sales for LONGLAND 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. Two of the three LONGLAND sales were for above the average price, whilst one 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
2016 6 DEC	£285,000	£258,710	10% above HPI
2012 1 AUG	£245,000	£217,388	13% above HPI
2007 26 OCT	£190,000	£236,025	20% below HPI

LONGLAND 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 LONGLAND sales between October 2007 and December 2016 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 2012 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2016 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might LONGLAND be worth now?

LONGLAND might now be worth an estimated £386,048.

This is based on house price inflation of 35.5%, between December 2016 and June 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.5% inflationary increase is applied to the most recent sale price for LONGLAND of £285,000 on 6th December 2016. For the value to have increased from £285,000 to £386,048 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of LONGLAND has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2016 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of LONGLAND has not materially changed since December 2016.

How Large is LONGLAND?

LONGLAND is 90m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsthorpe, and where LONGLAND lies on this distribution: 34% of detached houses houses are smaller than LONGLAND, and 66% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

LONGLAND: Plot and Title Map

LONGLAND sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of LONGLAND, 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 LONGLAND). 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 LONGLAND?

LONGLAND is located on FARNSFIELD ROAD in BILSTHORPE, in the NG22 postcode district. The below map shows the position of LONGLAND on FARNSFIELD ROAD.