45, HOLMEFIELD, FARNDON, NEWARK, NG24 3TZ - £205,000

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

45 HOLMEFIELD is a very small detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £247,054. It was last sold for £205,000 in May 2021, which was around 31% below the average May 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

45 HOLMEFIELD Sold Prices

Land registry data shows two sales for 45 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 45 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
2021 7 MAY	£205,000	£297,914	31% below HPI
2001 30 NOV	£66,500	£115,392	42% below HPI

45 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 45 HOLMEFIELD sales from November 2001 and May 2021 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 November 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 45 HOLMEFIELD be worth now?

45 HOLMEFIELD might now be worth an estimated £247,054.

This is based on house price inflation of 20.5%, between May 2021 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 20.5% inflationary increase is applied to the most recent sale price for 45 HOLMEFIELD of £205,000 on 7th May 2021. For the value to have increased from £205,000 to £247,054 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 45 HOLMEFIELD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 45 HOLMEFIELD has not materially changed since May 2021.

How Large is 45 HOLMEFIELD?

45 HOLMEFIELD is 69m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where 45 HOLMEFIELD lies on this distribution: 8% of detached houses houses are smaller than 45 HOLMEFIELD, and 92% of houses are larger. Note that EPC data is not available for all properties in Farndon.

45 HOLMEFIELD: Plot and Title Map

45 HOLMEFIELD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 45 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 45 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 45 HOLMEFIELD?

45 HOLMEFIELD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 45 on HOLMEFIELD.