1, MANOR FARM CLOSE, ROLLESTON, NEWARK, NG23 5SW - £345,000

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 MANOR FARM CLOSE is a very small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £346,210. It was last sold for £345,000 in February 2023, which was around 2% below the average February 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

1 MANOR FARM CLOSE Sold Prices

Land registry data shows three sales for 1 MANOR 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. Two of the three 1 MANOR FARM CLOSE sales were for below the average price, whilst one was 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 10 FEB	£345,000	£350,763	2% below HPI
2001 6 APR	£125,000	£102,207	22% above HPI
1995 30 MAR	£41,000	£71,342	43% below HPI

1 MANOR 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 MANOR FARM CLOSE sales between March 1995 and February 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 April 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 MANOR FARM CLOSE be worth now?

1 MANOR FARM CLOSE might now be worth an estimated £346,210.

This is based on house price inflation of 0.4%, between February 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 0.4% inflationary increase is applied to the most recent sale price for 1 MANOR FARM CLOSE of £345,000 on 10th February 2023. For the value to have increased from £345,000 to £346,210 over the two years to February 2025, the following assumptions must hold true:

• The value of 1 MANOR FARM CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2023 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MANOR FARM CLOSE has not materially changed since February 2023.

How Large is 1 MANOR FARM CLOSE?

1 MANOR FARM CLOSE is 87m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses houses in Rolleston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rolleston, and where 1 MANOR FARM CLOSE lies on this distribution: 7% of detached houses houses are smaller than 1 MANOR FARM CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Rolleston.

1 MANOR FARM CLOSE: Plot and Title Map

1 MANOR FARM CLOSE sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of 1 MANOR 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 MANOR 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 MANOR FARM CLOSE?

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