Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
50 HOLMEFIELD is a very small semi-detached house of 54m², built sometime between 1976 and 1982. It was last sold for £140,000 in May 2011, which was around 33% below the average May 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 50 HOLMEFIELD since 1st 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 50 HOLMEFIELD 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 |
---|---|---|---|
2011 3 MAY | £140,000 | £209,587 | 33% below HPI |
2000 29 SEP | £69,000 | £102,782 | 33% below HPI |
1999 30 JUN | £52,000 | £85,314 | 39% below HPI |
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 50 HOLMEFIELD sales between June 1999 and May 2011 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 September 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2011 sale, which was also at 33% below the HPI.
50 HOLMEFIELD is 54m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 50 HOLMEFIELD lies on this distribution: 2% of detached houses are smaller than 50 HOLMEFIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in Farndon.
50 HOLMEFIELD sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 50 HOLMEFIELD, 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 50 HOLMEFIELD). 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.
50 HOLMEFIELD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 50 on HOLMEFIELD.