5, EATON CLOSE, FARNSFIELD, NEWARK, NG22 8EU - £151,000

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 EATON CLOSE is a very small extended detached house of 64m², built sometime before 1900, which could now be worth an estimated £236,737. It was last sold for £151,000 in May 2008, which was around 33% below the average May 2008 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

5 EATON CLOSE Sold Prices

Land registry data shows two sales for 5 EATON CLOSE 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 5 EATON CLOSE 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
2008 23 MAY	£151,000	£224,515	33% below HPI
2001 22 JUN	£69,500	£104,312	33% below HPI

5 EATON 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 two 5 EATON CLOSE sales from June 2001 and May 2008 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 June 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2008 sale, which was also at 33% below the HPI.

What might 5 EATON CLOSE be worth now?

5 EATON CLOSE might now be worth an estimated £236,737.

This is based on house price inflation of 56.8%, between May 2008 and February 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 56.8% inflationary increase is applied to the most recent sale price for 5 EATON CLOSE of £151,000 on 23rd May 2008. For the value to have increased from £151,000 to £236,737 over the seventeen years and three months to February 2025, the following assumptions must hold true:

• The value of 5 EATON CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2008 sale price of £151,000 represented a fair market value for the property.
• The size, condition, and specification of 5 EATON CLOSE has not materially changed since May 2008.

How Large is 5 EATON CLOSE?

5 EATON CLOSE is 64m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnsfield, and where 5 EATON CLOSE lies on this distribution: 3% of detached houses houses are smaller than 5 EATON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

5 EATON CLOSE: Plot and Title Map

5 EATON CLOSE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 5 EATON 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 5 EATON 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 5 EATON CLOSE?

5 EATON CLOSE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 5 on EATON CLOSE.