6, HOME FARM CLOSE, KELHAM, NEWARK, NG23 5QB - £335,000

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

6 HOME FARM CLOSE is a large detached house of 172m², built sometime between 2003 and 2006. It was last sold for £335,000 in December 2014, which was around 54% above the average December 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

6 HOME FARM CLOSE Sold Prices

Land registry data shows two sales for 6 HOME FARM 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 6 HOME FARM CLOSE sales were 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
2014 19 DEC	£335,000	£218,006	54% above HPI
2003 11 DEC	£274,950	£175,352	57% above HPI

6 HOME FARM 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 6 HOME FARM CLOSE sales from December 2003 and December 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 December 2003 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2014 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 6 HOME FARM CLOSE?

6 HOME FARM CLOSE is 172m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Kelham, based on EPC data. The below chart shows the distribution of detached houses by size in Kelham, and where 6 HOME FARM CLOSE lies on this distribution: 72% of detached houses are smaller than 6 HOME FARM CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Kelham.

6 HOME FARM CLOSE: Plot and Title Map

6 HOME FARM CLOSE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 6 HOME FARM 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 6 HOME FARM 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 6 HOME FARM CLOSE?

6 HOME FARM CLOSE is located in KELHAM, in the NG23 postcode district. The below map shows the position of No. 6 on HOME FARM CLOSE.