5, CHURCH STREET, FARNDON, NEWARK, NG24 3SW - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 CHURCH STREET is a very large extended detached house of 154m², built sometime between 1967 and 1975, which could now be worth an estimated £605,964. It was last sold for £390,000 in June 2015, which was around 71% above the average June 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

5 CHURCH STREET Sold Prices

Land registry data shows three sales for 5 CHURCH STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 5 CHURCH STREET 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
2015 18 JUN	£390,000	£228,542	71% above HPI
2005 2 DEC	£315,000	£216,514	45% above HPI
2000 6 JAN	£132,500	£93,915	41% above HPI

5 CHURCH STREET 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 three 5 CHURCH STREET sales between January 2000 and June 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 December 2005 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2015 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 5 CHURCH STREET be worth now?

5 CHURCH STREET might now be worth an estimated £605,964.

This is based on house price inflation of 55.4%, between June 2015 and March 2025, 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 55.4% inflationary increase is applied to the most recent sale price for 5 CHURCH STREET of £390,000 on 18th June 2015. For the value to have increased from £390,000 to £605,964 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 5 CHURCH STREET has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2015 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHURCH STREET has not materially changed since June 2015.

How Large is 5 CHURCH STREET?

5 CHURCH STREET is 154m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% 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 5 CHURCH STREET lies on this distribution: 88% of detached houses houses are smaller than 5 CHURCH STREET, and 12% of houses are larger. Note that EPC data is not available for all properties in Farndon.

5 CHURCH STREET: Plot and Title Map

5 CHURCH STREET sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 5 CHURCH STREET, 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 5 CHURCH STREET). 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 5 CHURCH STREET?

5 CHURCH STREET is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 5 on CHURCH STREET.