11, MAIN STREET, FARNDON, NEWARK, NG24 3SA - £380,000

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 MAIN STREET is a very large extended detached house of 185m², built sometime between 1950 and 1966, which could now be worth an estimated £642,338. It was last sold for £380,000 in March 2010, which was around 79% above the average March 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

11 MAIN STREET Sold Prices

Land registry data shows two sales for 11 MAIN STREET 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 11 MAIN STREET 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
2010 31 MAR	£380,000	£212,397	79% above HPI
1998 30 OCT	£129,000	£91,027	42% above HPI

11 MAIN STREET 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 11 MAIN STREET sales from October 1998 and March 2010 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 October 1998 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2010 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 11 MAIN STREET be worth now?

11 MAIN STREET might now be worth an estimated £642,338.

This is based on house price inflation of 69%, between March 2010 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 69% inflationary increase is applied to the most recent sale price for 11 MAIN STREET of £380,000 on 31st March 2010. For the value to have increased from £380,000 to £642,338 over the thirteen years and three months to December 2024, the following assumptions must hold true:

• The value of 11 MAIN STREET has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2010 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MAIN STREET has not materially changed since March 2010.

How Large is 11 MAIN STREET?

11 MAIN STREET is 185m², which includes two extensions, according to the EPC inspection conducted in February 2021. 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 11 MAIN STREET lies on this distribution: 95% of detached houses houses are smaller than 11 MAIN STREET, and 5% of houses are larger. Note that EPC data is not available for all properties in Farndon.

11 MAIN STREET: Plot and Title Map

11 MAIN STREET sits on a plot of roughly 0.240 of an acre, or 973m². The below map shows the location of 11 MAIN STREET, 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 MAIN STREET). 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 MAIN STREET?

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