5, NURSERY AVENUE, FARNDON, NEWARK, NG24 3SY - £153,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 NURSERY AVENUE is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £153,950 in April 2014, which was around 28% below the average April 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

5 NURSERY AVENUE Sold Prices

Land registry data shows two sales for 5 NURSERY AVENUE 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 NURSERY AVENUE 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
2014 22 APR	£153,950	£213,655	28% below HPI
1997 16 MAY	£59,950	£77,953	23% below HPI

5 NURSERY AVENUE 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 NURSERY AVENUE sales from May 1997 and April 2014 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 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 NURSERY AVENUE?

5 NURSERY AVENUE is 87m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 5 NURSERY AVENUE lies on this distribution: 30% of detached houses are smaller than 5 NURSERY AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Farndon.

5 NURSERY AVENUE: Plot and Title Map

5 NURSERY AVENUE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 5 NURSERY AVENUE, 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 NURSERY AVENUE). 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 NURSERY AVENUE?

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