14, WALTERS CLOSE, FARNDON, NEWARK, NG24 3UE - £131,000

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

14 WALTERS CLOSE is a very small semi-detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £207,201. It was last sold for £131,000 in December 2014, which was around 1% above the average December 2014 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

14 WALTERS CLOSE Sold Prices

Land registry data shows four sales for 14 WALTERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the four 14 WALTERS CLOSE 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
2014 15 DEC	£131,000	£130,083	1% above HPI
2012 6 NOV	£121,000	£123,173	2% below HPI
2001 19 OCT	£60,000	£60,329	1% below HPI
1999 17 AUG	£21,250	£49,094	57% below HPI

14 WALTERS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 14 WALTERS CLOSE sales between August 1999 and December 2014 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 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 14 WALTERS CLOSE be worth now?

14 WALTERS CLOSE might now be worth an estimated £207,201.

This is based on house price inflation of 58.2%, between December 2014 and February 2025, for semi-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 58.2% inflationary increase is applied to the most recent sale price for 14 WALTERS CLOSE of £131,000 on 15th December 2014. For the value to have increased from £131,000 to £207,201 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 WALTERS CLOSE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The December 2014 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WALTERS CLOSE has not materially changed since December 2014.

How Large is 14 WALTERS CLOSE?

14 WALTERS CLOSE is 65m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of semi-detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farndon, and where 14 WALTERS CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 14 WALTERS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Farndon.

14 WALTERS CLOSE: Plot and Title Map

14 WALTERS CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 14 WALTERS 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 14 WALTERS 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 14 WALTERS CLOSE?

14 WALTERS CLOSE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 14 on WALTERS CLOSE.