4, FARNSWORTH CLOSE, WATNALL, NOTTINGHAM, NG16 1JE - £172,000

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

4 FARNSWORTH CLOSE is a small detached house of 104m², built sometime between 1967 and 1975. It was last sold for £172,000 in July 2015, which was around 19% below the average July 2015 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

4 FARNSWORTH CLOSE Sold Prices

Land registry data shows three sales for 4 FARNSWORTH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 4 FARNSWORTH CLOSE 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
2015 8 JUL	£172,000	£212,734	19% below HPI
2012 20 MAR	£140,000	£184,368	24% below HPI
1999 27 OCT	£67,000	£85,639	22% below HPI

4 FARNSWORTH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 4 FARNSWORTH CLOSE sales between October 1999 and July 2015 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 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2015 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 FARNSWORTH CLOSE?

4 FARNSWORTH CLOSE is 104m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses by size in Watnall, and where 4 FARNSWORTH CLOSE lies on this distribution: 23% of detached houses are smaller than 4 FARNSWORTH CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Watnall.

4 FARNSWORTH CLOSE: Plot and Title Map

4 FARNSWORTH CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 4 FARNSWORTH 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 FARNSWORTH 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 FARNSWORTH CLOSE?

4 FARNSWORTH CLOSE is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 4 on FARNSWORTH CLOSE.