2, FARTHINGATE CLOSE, SOUTHWELL, NG25 0HU - £525,000

2 FARTHINGATE CLOSE is a midsized extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £525,000 in September 2021, which was around 77% above the average September 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

2 FARTHINGATE CLOSE Sold Prices

Land registry data shows two sales for 2 FARTHINGATE CLOSE 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 2 FARTHINGATE CLOSE 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
2021 13 SEP	£525,000	£296,194	77% above HPI
2017 14 JUL	£330,011	£249,927	32% above HPI

2 FARTHINGATE CLOSE 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 2 FARTHINGATE CLOSE sales from July 2017 and September 2021 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 2017 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2021 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 2 FARTHINGATE CLOSE?

2 FARTHINGATE CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 2 FARTHINGATE CLOSE lies on this distribution: 52% of detached houses are smaller than 2 FARTHINGATE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Southwell.

2 FARTHINGATE CLOSE: Plot and Title Map

2 FARTHINGATE CLOSE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 2 FARTHINGATE 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 2 FARTHINGATE 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 2 FARTHINGATE CLOSE?

2 FARTHINGATE CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 2 on FARTHINGATE CLOSE.