4, GREENWOOD CLOSE, FARNSFIELD, NEWARK, NG22 8DJ - £290,500

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 GREENWOOD CLOSE is a large detached house of 171m², built sometime between 1967 and 1975. It was last sold for £290,500 in August 2019, which was around 8% above the average August 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

4 GREENWOOD CLOSE Sold Prices

Land registry data shows four sales for 4 GREENWOOD 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. The four 4 GREENWOOD CLOSE sales were a mix of above the average price, and roughly equal to 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 7 AUG	£290,500	£269,732	8% above HPI
2019 22 MAR	£260,000	£259,979	Close to HPI
2018 20 SEP	£335,000	£272,429	23% above HPI
2013 7 OCT	£265,000	£202,526	31% above HPI

4 GREENWOOD 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 GREENWOOD CLOSE sales between October 2013 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 March 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 GREENWOOD CLOSE?

4 GREENWOOD CLOSE is 171m² according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where 4 GREENWOOD CLOSE lies on this distribution: 78% of detached houses are smaller than 4 GREENWOOD CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

4 GREENWOOD CLOSE: Plot and Title Map

4 GREENWOOD CLOSE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 4 GREENWOOD 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 GREENWOOD 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 GREENWOOD CLOSE?

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