THE OLD SURGERY, STATION LANE, FARNSFIELD, NEWARK, NG22 8LB - £405,000

THE OLD SURGERY is a very large extended detached house of 207m², built sometime between 1950 and 1966. It was last sold for £405,000 in December 2012, which was around 99% above the average December 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

THE OLD SURGERY Sold Prices

Land registry data shows two sales for THE OLD SURGERY 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 OLD SURGERY 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
2012 5 DEC	£405,000	£203,870	99% above HPI
2006 3 FEB	£440,000	£199,556	120% above HPI

THE OLD SURGERY 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 OLD SURGERY sales from February 2006 and December 2012 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 February 2006 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the December 2012 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is THE OLD SURGERY?

THE OLD SURGERY is 207m², which includes one extension, according to the EPC inspection conducted in August 2010. 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 OLD SURGERY lies on this distribution: 90% of detached houses are smaller than THE OLD SURGERY, and 10% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

THE OLD SURGERY: Plot and Title Map

THE OLD SURGERY sits on a plot of roughly 0.295 of an acre, or 1,195m². The below map shows the location of THE OLD SURGERY, 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 OLD SURGERY). 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 OLD SURGERY?

THE OLD SURGERY is located on STATION LANE in FARNSFIELD, in the NG22 postcode district. The below map shows the position of THE OLD SURGERY on STATION LANE.