5, GOODWIN COURT, FARNSFIELD, NEWARK, NG22 8LU - £270,000

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 GOODWIN COURT is a very small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £338,461. It was last sold for £270,000 in August 2019, which was around 4% below the average August 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

5 GOODWIN COURT Sold Prices

Land registry data shows two sales for 5 GOODWIN COURT 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. One of the two 5 GOODWIN COURT sales was for below the average price, whilst the other was 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
2019 9 AUG	£270,000	£280,795	4% below HPI
1999 26 MAY	£118,000	£88,552	33% above HPI

5 GOODWIN COURT 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 GOODWIN COURT sales from May 1999 and August 2019 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 1999 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 GOODWIN COURT be worth now?

5 GOODWIN COURT might now be worth an estimated £338,461.

This is based on house price inflation of 25.4%, between August 2019 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 25.4% inflationary increase is applied to the most recent sale price for 5 GOODWIN COURT of £270,000 on 9th August 2019. For the value to have increased from £270,000 to £338,461 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 5 GOODWIN COURT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GOODWIN COURT has not materially changed since August 2019.

How Large is 5 GOODWIN COURT?

5 GOODWIN COURT is 88m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% 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 GOODWIN COURT lies on this distribution: 16% of detached houses houses are smaller than 5 GOODWIN COURT, and 84% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

5 GOODWIN COURT: Plot and Title Map

5 GOODWIN COURT sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 5 GOODWIN COURT, 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 GOODWIN COURT). 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 GOODWIN COURT?

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