32, HOLMEFIELD, FARNDON, NEWARK, NG24 3TZ - £250,000

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

32 HOLMEFIELD is a very small extended detached house of 78m², built sometime between 1991 and 1995. It was last sold for £250,000 in August 2019, which was around 7% below the average August 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

32 HOLMEFIELD Sold Prices

Land registry data shows four sales for 32 HOLMEFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 32 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
2019 14 AUG	£250,000	£269,732	7% below HPI
2005 11 NOV	£157,000	£207,415	24% below HPI
1996 25 OCT	£59,750	£73,907	19% below HPI
1995 8 SEP	£59,995	£74,193	19% below HPI

32 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 four 32 HOLMEFIELD sales between September 1995 and August 2019 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 November 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 32 HOLMEFIELD?

32 HOLMEFIELD is 78m², which includes one extension, according to the EPC inspection conducted in May 2019. 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 32 HOLMEFIELD lies on this distribution: 19% of detached houses are smaller than 32 HOLMEFIELD, and 80% of houses are larger. Note that EPC data is not available for all properties in Farndon.

32 HOLMEFIELD: Plot and Title Map

32 HOLMEFIELD sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 32 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 32 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 32 HOLMEFIELD?

32 HOLMEFIELD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 32 on HOLMEFIELD.