THE MALTINGS, FOSSE ROAD, FARNDON, NEWARK, NG24 3SF - £870,000

THE MALTINGS is a very large extended detached house of 198m², built sometime before 1900. It was last sold for £870,000 in June 2014, which was around 295% above the average June 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

THE MALTINGS Sold Prices

Land registry data shows four sales for THE MALTINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four THE MALTINGS 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
2014 4 JUN	£870,000	£220,265	295% above HPI
2011 11 NOV	£825,000	£202,715	307% above HPI
2001 1 JUN	£465,000	£100,202	364% above HPI
1999 24 JUN	£300,000	£85,314	252% above HPI

THE MALTINGS 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 four THE MALTINGS sales between June 1999 and June 2014 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 2011 sale was for 307% above the HPI. So the extrapolation line tracks at 307% above the HPI over time, until the June 2014 sale, where it falls to 295% above the HPI. The line then continues to track at 295% above the HPI.

How Large is THE MALTINGS?

THE MALTINGS is 198m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where THE MALTINGS lies on this distribution: 94% of detached houses are smaller than THE MALTINGS, and 6% of houses are larger. Note that EPC data is not available for all properties in Farndon.

THE MALTINGS: Plot and Title Map

THE MALTINGS sits on a plot of roughly 0.555 of an acre, or 2,248m². The below map shows the location of THE MALTINGS, 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 MALTINGS). 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 MALTINGS?

THE MALTINGS is located on FOSSE ROAD in FARNDON, in the NG24 postcode district. The below map shows the position of THE MALTINGS on FOSSE ROAD.