17A, MAIN STREET, FARNDON, NEWARK, NG24 3SA - £273,500

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.

17A MAIN STREET is a large extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £387,825. It was last sold for £273,500 in December 2015, which was around 10% above the average December 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

17A MAIN STREET Sold Prices

Land registry data shows three sales for 17A MAIN STREET 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 17A 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
2015 1 DEC	£273,500	£248,231	10% above HPI
2001 15 JUN	£136,000	£104,312	30% above HPI
1997 1 SEP	£105,000	£82,953	27% above HPI

17A 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 three 17A MAIN STREET sales between September 1997 and December 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 June 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2015 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 17A MAIN STREET be worth now?

17A MAIN STREET might now be worth an estimated £387,825.

This is based on house price inflation of 41.8%, between December 2015 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 41.8% inflationary increase is applied to the most recent sale price for 17A MAIN STREET of £273,500 on 1st December 2015. For the value to have increased from £273,500 to £387,825 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 17A MAIN STREET has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2015 sale price of £273,500 represented a fair market value for the property.
• The size, condition, and specification of 17A MAIN STREET has not materially changed since December 2015.

How Large is 17A MAIN STREET?

17A MAIN STREET is 125m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 30% 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 17A MAIN STREET lies on this distribution: 73% of detached houses houses are smaller than 17A MAIN STREET, and 27% of houses are larger. Note that EPC data is not available for all properties in Farndon.

17A MAIN STREET: Plot and Title Map

17A MAIN STREET sits on a plot of roughly 0.210 of an acre, or 848m². The below map shows the location of 17A 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 17A 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 17A MAIN STREET?

17A MAIN STREET is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 17A on MAIN STREET.