1, CROMWELL FARM CLOSE, CROMWELL, NEWARK, NG23 6JD - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CROMWELL FARM CLOSE is a very large extended detached house of 215m², built sometime between 1996 and 2002. It was last sold for £320,000 in May 2014, which was around 50% above the average May 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

1 CROMWELL FARM CLOSE Sold Prices

Land registry data shows three sales for 1 CROMWELL FARM CLOSE 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. All of the three 1 CROMWELL FARM CLOSE 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 30 MAY	£320,000	£213,982	50% above HPI
2008 7 NOV	£282,000	£192,388	47% above HPI
2002 21 OCT	£235,000	£143,192	64% above HPI

1 CROMWELL FARM CLOSE 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 1 CROMWELL FARM CLOSE sales between October 2002 and May 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 2008 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2014 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 1 CROMWELL FARM CLOSE?

1 CROMWELL FARM CLOSE is 215m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Cromwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cromwell, and where 1 CROMWELL FARM CLOSE lies on this distribution: 80% of detached houses are smaller than 1 CROMWELL FARM CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Cromwell.

1 CROMWELL FARM CLOSE: Plot and Title Map

1 CROMWELL FARM CLOSE sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 1 CROMWELL FARM CLOSE, 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 1 CROMWELL FARM CLOSE). 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 1 CROMWELL FARM CLOSE?

1 CROMWELL FARM CLOSE is located in CROMWELL, in the NG23 postcode district. The below map shows the position of No. 1 on CROMWELL FARM CLOSE.