22, WALTERS CLOSE, FARNDON, NEWARK, NG24 3UE - £120,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 WALTERS CLOSE is a very small semi-detached house of 55m², built sometime between 1991 and 1995. It was last sold for £120,000 in August 2013, which was around 43% below the average August 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

22 WALTERS CLOSE Sold Prices

Land registry data shows seven sales for 22 WALTERS CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the seven 22 WALTERS CLOSE 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
2013 12 AUG	£120,000	£209,253	43% below HPI
2012 7 JUN	£110,000	£191,062	42% below HPI
2008 27 JUN	£116,000	£218,442	47% below HPI
2006 3 AUG	£107,500	£212,240	49% below HPI
2006 17 FEB	£100,000	£199,556	50% below HPI
1999 30 APR	£45,950	£81,511	44% below HPI
1995 31 MAR	£41,000	£68,531	40% below HPI

22 WALTERS 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 seven 22 WALTERS CLOSE sales between March 1995 and August 2013 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 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2013 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 22 WALTERS CLOSE?

22 WALTERS CLOSE is 55m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 22 WALTERS CLOSE lies on this distribution: 2% of detached houses are smaller than 22 WALTERS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Farndon.

22 WALTERS CLOSE: Plot and Title Map

22 WALTERS CLOSE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 22 WALTERS 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 22 WALTERS 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 22 WALTERS CLOSE?

22 WALTERS CLOSE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 22 on WALTERS CLOSE.