3, HOLMEFIELD, FARNDON, NEWARK, NG24 3TZ - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 HOLMEFIELD is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £185,000 in April 2006, which was around 9% below the average April 2006 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

3 HOLMEFIELD Sold Prices

Land registry data shows three sales for 3 HOLMEFIELD 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 3 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
2006 11 APR	£185,000	£202,321	9% below HPI
2000 16 MAR	£72,750	£86,844	16% below HPI
1995 25 AUG	£62,000	£73,753	16% below HPI

3 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 three 3 HOLMEFIELD sales between August 1995 and April 2006 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 March 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2006 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 HOLMEFIELD?

3 HOLMEFIELD is 72m² according to the EPC inspection conducted in October 2016. 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 3 HOLMEFIELD lies on this distribution: 11% of detached houses are smaller than 3 HOLMEFIELD, and 88% of houses are larger. Note that EPC data is not available for all properties in Farndon.

3 HOLMEFIELD: Plot and Title Map

3 HOLMEFIELD sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 3 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 3 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 3 HOLMEFIELD?

3 HOLMEFIELD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 3 on HOLMEFIELD.