THE LIMES, CHAPEL LANE, FARNSFIELD, NEWARK, NG22 8JW - £730,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE LIMES is a very large extended detached house of 311m², built sometime before 1900. It was last sold for £730,000 in October 2020, which was around 156% above the average October 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2014, where the current energy rating was F, and the potential energy rating was C.

THE LIMES Sold Prices

Land registry data shows two sales for THE LIMES 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 THE LIMES 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
2020 27 OCT	£730,000	£284,793	156% above HPI
2012 17 OCT	£540,000	£205,896	162% above HPI

THE LIMES 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 THE LIMES sales from October 2012 and October 2020 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 October 2012 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the October 2020 sale, where it falls to 156% above the HPI. The line then continues to track at 156% above the HPI.

How Large is THE LIMES?

THE LIMES is 311m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where THE LIMES lies on this distribution: 99% of detached houses are smaller than THE LIMES, and 1% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

THE LIMES: Plot and Title Map

THE LIMES sits on a plot of roughly 0.504 of an acre, or 2,041m². The below map shows the location of THE LIMES, 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 THE LIMES). 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 THE LIMES?

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