4, CARDING CLOSE, FARNSFIELD, NEWARK, NG22 8FD - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 CARDING CLOSE is a very small detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £390,448. It was last sold for £280,000 in June 2017, which was around 9% above the average June 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

4 CARDING CLOSE Sold Prices

Land registry data shows four sales for 4 CARDING CLOSE 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 4 CARDING CLOSE 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
2017 23 JUN	£280,000	£257,468	9% above HPI
2015 28 AUG	£259,950	£240,296	8% above HPI
2002 17 MAY	£154,000	£119,967	28% above HPI
2000 29 SEP	£129,950	£106,998	21% above HPI

4 CARDING CLOSE 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 4 CARDING CLOSE sales between September 2000 and June 2017 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 August 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 4 CARDING CLOSE be worth now?

4 CARDING CLOSE might now be worth an estimated £390,448.

This is based on house price inflation of 39.4%, between June 2017 and December 2024, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.4% inflationary increase is applied to the most recent sale price for 4 CARDING CLOSE of £280,000 on 23rd June 2017. For the value to have increased from £280,000 to £390,448 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 4 CARDING CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CARDING CLOSE has not materially changed since June 2017.

How Large is 4 CARDING CLOSE?

4 CARDING CLOSE is 90m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnsfield, and where 4 CARDING CLOSE lies on this distribution: 17% of detached houses houses are smaller than 4 CARDING CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

4 CARDING CLOSE: Plot and Title Map

4 CARDING CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 4 CARDING CLOSE, 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 4 CARDING CLOSE). 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 4 CARDING CLOSE?

4 CARDING CLOSE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 4 on CARDING CLOSE.