1, GRAYS COURT, FARNDON, NEWARK, NG24 3UD - £450,000

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 GRAYS COURT is a very large extended detached house of 168m², built sometime between 1991 and 1995, which could now be worth an estimated £573,260. It was last sold for £450,000 in October 2017, which was around 63% above the average October 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

1 GRAYS COURT Sold Prices

Land registry data shows four sales for 1 GRAYS COURT 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 1 GRAYS COURT 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
2017 26 OCT	£450,000	£276,309	63% above HPI
2006 6 DEC	£345,000	£220,573	56% above HPI
1998 21 OCT	£155,000	£91,027	70% above HPI
1995 11 MAY	£134,000	£74,342	80% above HPI

1 GRAYS COURT 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 1 GRAYS COURT sales between May 1995 and October 2017 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 December 2006 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the October 2017 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 1 GRAYS COURT be worth now?

1 GRAYS COURT might now be worth an estimated £573,260.

This is based on house price inflation of 27.4%, between October 2017 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 27.4% inflationary increase is applied to the most recent sale price for 1 GRAYS COURT of £450,000 on 26th October 2017. For the value to have increased from £450,000 to £573,260 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 GRAYS COURT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2017 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRAYS COURT has not materially changed since October 2017.

How Large is 1 GRAYS COURT?

1 GRAYS COURT is 168m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where 1 GRAYS COURT lies on this distribution: 93% of detached houses houses are smaller than 1 GRAYS COURT, and 7% of houses are larger. Note that EPC data is not available for all properties in Farndon.

1 GRAYS COURT: Plot and Title Map

1 GRAYS COURT sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 1 GRAYS COURT, 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 GRAYS COURT). 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 GRAYS COURT?

1 GRAYS COURT is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 1 on GRAYS COURT.