2, HOME FARM LANE, KIRKLINGTON, NEWARK, NG22 8PE - £900,000

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 HOME FARM LANE is a large extended detached house of 231m², built sometime between 1996 and 2002, which could now be worth an estimated £957,669. It was last sold for £900,000 in July 2022, which was around 167% above the average July 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

2 HOME FARM LANE Sold Prices

Land registry data shows three sales for 2 HOME FARM LANE 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 2 HOME FARM LANE 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 29 JUL	£900,000	£337,408	167% above HPI
2011 28 JAN	£600,000	£215,077	179% above HPI
2010 31 MAR	£450,000	£212,397	112% above HPI

2 HOME FARM LANE 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 2 HOME FARM LANE sales between March 2010 and July 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 January 2011 sale was for 179% above the HPI. So the extrapolation line tracks at 179% above the HPI over time, until the July 2022 sale, where it falls to 167% above the HPI. The line then continues to track at 167% above the HPI.

What might 2 HOME FARM LANE be worth now?

2 HOME FARM LANE might now be worth an estimated £957,669.

This is based on house price inflation of 6.4%, between July 2022 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 6.4% inflationary increase is applied to the most recent sale price for 2 HOME FARM LANE of £900,000 on 29th July 2022. For the value to have increased from £900,000 to £957,669 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 2 HOME FARM LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2022 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOME FARM LANE has not materially changed since July 2022.

How Large is 2 HOME FARM LANE?

2 HOME FARM LANE is 231m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses houses in Kirklington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirklington, and where 2 HOME FARM LANE lies on this distribution: 64% of detached houses houses are smaller than 2 HOME FARM LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Kirklington.

2 HOME FARM LANE: Plot and Title Map

2 HOME FARM LANE sits on a plot of roughly 0.842 of an acre, or 3,408m². The below map shows the location of 2 HOME FARM LANE, 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 LANE). 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 LANE?

2 HOME FARM LANE is located in KIRKLINGTON, in the NG22 postcode district. The below map shows the position of No. 2 on HOME FARM LANE.