34, HOLMEFIELD, FARNDON, NEWARK, NG24 3TZ - £255,000

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

34 HOLMEFIELD is a very small detached house of 54m², built sometime between 1991 and 1995. It was last sold for £255,000 in September 2022, which was around 24% below the average September 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

34 HOLMEFIELD Sold Prices

Land registry data shows two sales for 34 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 34 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
2022 9 SEP	£255,000	£337,059	24% below HPI
1999 30 APR	£57,950	£81,511	29% below HPI

34 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 34 HOLMEFIELD sales from April 1999 and September 2022 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 April 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 34 HOLMEFIELD?

34 HOLMEFIELD is 54m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 34 HOLMEFIELD lies on this distribution: 2% of detached houses are smaller than 34 HOLMEFIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in Farndon.

34 HOLMEFIELD: Plot and Title Map

34 HOLMEFIELD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 34 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 34 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 34 HOLMEFIELD?

34 HOLMEFIELD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 34 on HOLMEFIELD.