3, PRIMROSE AVENUE, FARNDON, NEWARK, NG24 3TY - £215,000

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 PRIMROSE AVENUE is a small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £215,000 in December 2020, which was around 26% below the average December 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

3 PRIMROSE AVENUE Sold Prices

Land registry data shows two sales for 3 PRIMROSE AVENUE 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 PRIMROSE AVENUE 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
2020 18 DEC	£215,000	£291,032	26% below HPI
1998 5 JAN	£69,950	£76,216	8% below HPI

3 PRIMROSE AVENUE 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 PRIMROSE AVENUE sales from January 1998 and December 2020 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 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 PRIMROSE AVENUE?

3 PRIMROSE AVENUE is 91m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% 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 PRIMROSE AVENUE lies on this distribution: 36% of detached houses are smaller than 3 PRIMROSE AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Farndon.

3 PRIMROSE AVENUE: Plot and Title Map

3 PRIMROSE AVENUE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 3 PRIMROSE AVENUE, 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 PRIMROSE AVENUE). 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 PRIMROSE AVENUE?

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