3, GREGORY GARDENS, FARNSFIELD, NEWARK, NG22 8EQ - £400,000

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

3 GREGORY GARDENS is a small detached house of 115m², built sometime between 1967 and 1975. It was last sold for £400,000 in November 2023, which was around 20% above the average November 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

3 GREGORY GARDENS Sold Prices

Land registry data shows two sales for 3 GREGORY GARDENS 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 3 GREGORY GARDENS 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
2023 23 NOV	£400,000	£334,706	20% above HPI
2012 6 JUL	£220,000	£200,751	10% above HPI

3 GREGORY GARDENS 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 3 GREGORY GARDENS sales from July 2012 and November 2023 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 July 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 3 GREGORY GARDENS?

3 GREGORY GARDENS is 115m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where 3 GREGORY GARDENS lies on this distribution: 37% of detached houses are smaller than 3 GREGORY GARDENS, and 60% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

3 GREGORY GARDENS: Plot and Title Map

3 GREGORY GARDENS sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 3 GREGORY GARDENS, 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 3 GREGORY GARDENS). 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 3 GREGORY GARDENS?

3 GREGORY GARDENS is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 3 on GREGORY GARDENS.