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

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

5 NURSERY AVENUE is a small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £248,506. It was last sold for £153,950 in April 2014, which was around 31% 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	£222,419	31% below HPI
1997 16 MAY	£59,950	£81,151	26% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 NURSERY AVENUE be worth now?

5 NURSERY AVENUE might now be worth an estimated £248,506.

This is based on house price inflation of 61.4%, between April 2014 and December 2024, 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 61.4% inflationary increase is applied to the most recent sale price for 5 NURSERY AVENUE of £153,950 on 22nd April 2014. For the value to have increased from £153,950 to £248,506 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 5 NURSERY AVENUE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2014 sale price of £153,950 represented a fair market value for the property.
• The size, condition, and specification of 5 NURSERY AVENUE has not materially changed since April 2014.

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 houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where 5 NURSERY AVENUE lies on this distribution: 30% of detached houses 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.