6, TOW COURT, FARNDON, NEWARK, NG24 3TT - £328,440

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.

6 TOW COURT is a very large extended detached house of 178m², built sometime between 1983 and 1990, which could now be worth an estimated £417,629. It was last sold for £328,440 in February 2020, which was around 19% above the average February 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

6 TOW COURT Sold Prices

Land registry data shows three sales for 6 TOW COURT since 1^st 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 6 TOW COURT 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
2020 28 FEB	£328,440	£276,821	19% above HPI
2001 4 MAY	£123,000	£102,118	20% above HPI
1996 3 MAY	£81,000	£75,569	7% above HPI

6 TOW 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 three 6 TOW COURT sales between May 1996 and February 2020 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 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 6 TOW COURT be worth now?

6 TOW COURT might now be worth an estimated £417,629.

This is based on house price inflation of 27.2%, between February 2020 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 27.2% inflationary increase is applied to the most recent sale price for 6 TOW COURT of £328,440 on 28th February 2020. For the value to have increased from £328,440 to £417,629 over the five years to February 2025, the following assumptions must hold true:

• The value of 6 TOW COURT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2020 sale price of £328,440 represented a fair market value for the property.
• The size, condition, and specification of 6 TOW COURT has not materially changed since February 2020.

How Large is 6 TOW COURT?

6 TOW COURT is 178m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% 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 6 TOW COURT lies on this distribution: 94% of detached houses houses are smaller than 6 TOW COURT, and 6% of houses are larger. Note that EPC data is not available for all properties in Farndon.

6 TOW COURT: Plot and Title Map

6 TOW COURT sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 6 TOW 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 6 TOW 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 6 TOW COURT?

6 TOW COURT is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 6 on TOW COURT.