2, HOME FARM CLOSE, KELHAM, NEWARK, NG23 5QB - £285,000

2 HOME FARM CLOSE is a small detached house of 128m², built sometime between 1996 and 2002. It was last sold for £285,000 in April 2005, which was around 43% above the average April 2005 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

2 HOME FARM CLOSE Sold Prices

Land registry data shows two sales for 2 HOME FARM 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 HOME FARM 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
2005 19 APR	£285,000	£198,859	43% above HPI
2003 10 APR	£209,950	£157,448	33% above HPI

2 HOME FARM 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 HOME FARM CLOSE sales from April 2003 and April 2005 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 April 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2005 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 2 HOME FARM CLOSE?

2 HOME FARM CLOSE is 128m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Kelham, based on EPC data. The below chart shows the distribution of detached houses by size in Kelham, and where 2 HOME FARM CLOSE lies on this distribution: 28% of detached houses are smaller than 2 HOME FARM CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Kelham.

2 HOME FARM CLOSE: Plot and Title Map

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

2 HOME FARM CLOSE is located in KELHAM, in the NG23 postcode district. The below map shows the position of No. 2 on HOME FARM CLOSE.