28, HOLMEFIELD, FARNDON, NEWARK, NG24 3TZ - £229,950

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

28 HOLMEFIELD is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £229,950 in May 2018, which was around 11% below the average May 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

28 HOLMEFIELD Sold Prices

Land registry data shows two sales for 28 HOLMEFIELD 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 28 HOLMEFIELD 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
2018 1 MAY	£229,950	£256,928	11% below HPI
2013 10 JUN	£140,000	£210,087	33% below HPI

28 HOLMEFIELD 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 28 HOLMEFIELD sales from June 2013 and May 2018 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 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 28 HOLMEFIELD?

28 HOLMEFIELD is 77m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 28 HOLMEFIELD lies on this distribution: 18% of detached houses are smaller than 28 HOLMEFIELD, and 81% of houses are larger. Note that EPC data is not available for all properties in Farndon.

28 HOLMEFIELD: Plot and Title Map

28 HOLMEFIELD sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 28 HOLMEFIELD, 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 28 HOLMEFIELD). 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 28 HOLMEFIELD?

28 HOLMEFIELD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 28 on HOLMEFIELD.