2, FRONT STREET, SOUTH CLIFTON, NEWARK, NG23 7AA - £195,000

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

2 FRONT STREET is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £195,000 in May 2019, which was around 29% below the average May 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2012, where the current energy rating was F, and the potential energy rating was C.

2 FRONT STREET Sold Prices

Land registry data shows two sales for 2 FRONT 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 2 FRONT STREET 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
2019 1 MAY	£195,000	£275,402	29% below HPI
2013 28 MAR	£97,000	£204,893	53% below HPI

2 FRONT 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 2 FRONT STREET sales from March 2013 and May 2019 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 March 2013 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 FRONT STREET be worth now?

2 FRONT STREET might now be worth an estimated £254,212.

This is based on house price inflation of 30.4%, between May 2019 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 30.4% inflationary increase is applied to the most recent sale price for 2 FRONT STREET of £195,000 on 1st May 2019. For the value to have increased from £195,000 to £254,212 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 2 FRONT STREET has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FRONT STREET has not materially changed since May 2019.

How Large is 2 FRONT STREET?

2 FRONT STREET is 65m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses houses in South Clifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Clifton, and where 2 FRONT STREET lies on this distribution: 2% of detached houses houses are smaller than 2 FRONT STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in South Clifton.

2 FRONT STREET: Plot and Title Map

2 FRONT STREET sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 2 FRONT 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 2 FRONT 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 2 FRONT STREET?

2 FRONT STREET is located in SOUTH CLIFTON, in the NG23 postcode district. The below map shows the position of No. 2 on FRONT STREET.