16, POWELL COURT, FARNSFIELD, NEWARK, NG22 8DZ - £452,250

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.

16 POWELL COURT is a large detached house of 154m², built sometime between 1996 and 2002, which could now be worth an estimated £489,113. It was last sold for £452,250 in May 2022, which was around 39% above the average May 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was C.

16 POWELL COURT Sold Prices

Land registry data shows three sales for 16 POWELL COURT 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 16 POWELL 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
2022 18 MAY	£452,250	£325,464	39% above HPI
2010 30 JUL	£280,000	£217,405	29% above HPI
2005 6 MAY	£280,795	£212,742	32% above HPI

16 POWELL 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 three 16 POWELL COURT sales between May 2005 and May 2022 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 July 2010 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 16 POWELL COURT be worth now?

16 POWELL COURT might now be worth an estimated £489,113.

This is based on house price inflation of 8.2%, between May 2022 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 8.2% inflationary increase is applied to the most recent sale price for 16 POWELL COURT of £452,250 on 18th May 2022. For the value to have increased from £452,250 to £489,113 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 16 POWELL COURT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2022 sale price of £452,250 represented a fair market value for the property.
• The size, condition, and specification of 16 POWELL COURT has not materially changed since May 2022.

How Large is 16 POWELL COURT?

16 POWELL COURT is 154m² according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnsfield, and where 16 POWELL COURT lies on this distribution: 68% of detached houses houses are smaller than 16 POWELL COURT, and 31% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

16 POWELL COURT: Plot and Title Map

16 POWELL COURT sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 16 POWELL 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 16 POWELL 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 16 POWELL COURT?

16 POWELL COURT is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 16 on POWELL COURT.