4, PRIMROSE AVENUE, FARNDON, NEWARK, NG24 3TY - £245,000

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 PRIMROSE AVENUE is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £245,000 in October 2023, which was around 27% below the average October 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

4 PRIMROSE AVENUE Sold Prices

Land registry data shows two sales for 4 PRIMROSE AVENUE 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 4 PRIMROSE AVENUE 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
2023 31 OCT	£245,000	£336,414	27% below HPI
2000 5 MAY	£79,950	£89,960	11% below HPI

4 PRIMROSE AVENUE 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 4 PRIMROSE AVENUE sales from May 2000 and October 2023 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 May 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 PRIMROSE AVENUE?

4 PRIMROSE AVENUE is 90m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 4 PRIMROSE AVENUE lies on this distribution: 33% of detached houses are smaller than 4 PRIMROSE AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Farndon.

4 PRIMROSE AVENUE: Plot and Title Map

4 PRIMROSE AVENUE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 4 PRIMROSE AVENUE, 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 PRIMROSE AVENUE). 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 PRIMROSE AVENUE?

4 PRIMROSE AVENUE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 4 on PRIMROSE AVENUE.