1, ESAM CLOSE, FARNSFIELD, NEWARK, NG22 8FF - £500,000

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.

1 ESAM CLOSE is a large detached house of 166m², which could now be worth an estimated £529,533. It was last sold for £500,000 in June 2023, which was around 50% above the average June 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

1 ESAM CLOSE Sold Prices

Land registry data shows two sales for 1 ESAM CLOSE 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 1 ESAM 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
2023 23 JUN	£500,000	£332,362	50% above HPI
2019 29 NOV	£450,000	£284,738	58% above HPI

1 ESAM 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 two 1 ESAM CLOSE sales from November 2019 and June 2023 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 2019 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2023 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 1 ESAM CLOSE be worth now?

1 ESAM CLOSE might now be worth an estimated £529,533.

This is based on house price inflation of 5.9%, between June 2023 and February 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 5.9% inflationary increase is applied to the most recent sale price for 1 ESAM CLOSE of £500,000 on 23rd June 2023. For the value to have increased from £500,000 to £529,533 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 1 ESAM CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ESAM CLOSE has not materially changed since June 2023.

How Large is 1 ESAM CLOSE?

1 ESAM CLOSE is 166m² according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnsfield, and where 1 ESAM CLOSE lies on this distribution: 76% of detached houses houses are smaller than 1 ESAM CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

1 ESAM CLOSE: Plot and Title Map

1 ESAM CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 1 ESAM 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 ESAM 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 ESAM CLOSE?

1 ESAM CLOSE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 1 on ESAM CLOSE.