11, HOLMEFIELD, FARNDON, NEWARK, NG24 3TZ - £167,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 HOLMEFIELD is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £243,116. It was last sold for £167,500 in September 2015, which was around 32% below the average September 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

11 HOLMEFIELD Sold Prices

Land registry data shows three sales for 11 HOLMEFIELD 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 11 HOLMEFIELD sales were for below 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
2015 11 SEP	£167,500	£247,360	32% below HPI
1997 19 FEB	£61,500	£77,058	20% below HPI
1995 25 AUG	£60,000	£76,778	22% below HPI

11 HOLMEFIELD 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 11 HOLMEFIELD sales between August 1995 and September 2015 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 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2015 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 11 HOLMEFIELD be worth now?

11 HOLMEFIELD might now be worth an estimated £243,116.

This is based on house price inflation of 45.1%, between September 2015 and December 2024, 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 45.1% inflationary increase is applied to the most recent sale price for 11 HOLMEFIELD of £167,500 on 11th September 2015. For the value to have increased from £167,500 to £243,116 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 11 HOLMEFIELD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2015 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 11 HOLMEFIELD has not materially changed since September 2015.

How Large is 11 HOLMEFIELD?

11 HOLMEFIELD is 71m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 11 HOLMEFIELD lies on this distribution: 9% of detached houses houses are smaller than 11 HOLMEFIELD, and 90% of houses are larger. Note that EPC data is not available for all properties in Farndon.

11 HOLMEFIELD: Plot and Title Map

11 HOLMEFIELD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 11 HOLMEFIELD, 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 11 HOLMEFIELD). 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 11 HOLMEFIELD?

11 HOLMEFIELD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 11 on HOLMEFIELD.