47, HOLMEFIELD, FARNDON, NEWARK, NG24 3TZ - £250,000

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

47 HOLMEFIELD is a very small semi-detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £259,989. It was last sold for £250,000 in February 2023, which was around 24% above the average February 2023 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

47 HOLMEFIELD Sold Prices

Land registry data shows three sales for 47 HOLMEFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 47 HOLMEFIELD 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
2023 24 FEB	£250,000	£202,126	24% above HPI
2002 20 SEP	£110,000	£77,683	42% above HPI
2001 21 MAY	£77,500	£54,001	44% above HPI

47 HOLMEFIELD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 47 HOLMEFIELD sales between May 2001 and February 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 September 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 47 HOLMEFIELD be worth now?

47 HOLMEFIELD might now be worth an estimated £259,989.

This is based on house price inflation of 4%, between February 2023 and December 2024, for semi-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 4% inflationary increase is applied to the most recent sale price for 47 HOLMEFIELD of £250,000 on 24th February 2023. For the value to have increased from £250,000 to £259,989 over the two months to December 2024, the following assumptions must hold true:

• The value of 47 HOLMEFIELD has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The February 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 47 HOLMEFIELD has not materially changed since February 2023.

How Large is 47 HOLMEFIELD?

47 HOLMEFIELD is 71m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of semi-detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farndon, and where 47 HOLMEFIELD lies on this distribution: 9% of semi-detached houses houses are smaller than 47 HOLMEFIELD, and 89% of houses are larger. Note that EPC data is not available for all properties in Farndon.

47 HOLMEFIELD: Plot and Title Map

47 HOLMEFIELD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 47 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 47 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 47 HOLMEFIELD?

47 HOLMEFIELD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 47 on HOLMEFIELD.