6, WALTERS CLOSE, FARNDON, NEWARK, NG24 3UE - £175,000

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

6 WALTERS CLOSE is a very small semi-detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £209,502. It was last sold for £175,000 in May 2021, which was around 2% above the average May 2021 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

6 WALTERS CLOSE Sold Prices

Land registry data shows four sales for 6 WALTERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the four 6 WALTERS CLOSE sales were for above the average price, whilst one was 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
2021 21 MAY	£175,000	£171,867	2% above HPI
2015 28 AUG	£137,500	£137,771	Close to HPI
2002 23 OCT	£78,000	£79,139	1% below HPI
1995 31 MAR	£47,000	£40,007	17% above HPI

6 WALTERS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 6 WALTERS CLOSE sales between March 1995 and May 2021 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 August 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 6 WALTERS CLOSE be worth now?

6 WALTERS CLOSE might now be worth an estimated £209,502.

This is based on house price inflation of 19.7%, between May 2021 and February 2025, for semi-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 19.7% inflationary increase is applied to the most recent sale price for 6 WALTERS CLOSE of £175,000 on 21st May 2021. For the value to have increased from £175,000 to £209,502 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 6 WALTERS CLOSE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The May 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WALTERS CLOSE has not materially changed since May 2021.

How Large is 6 WALTERS CLOSE?

6 WALTERS CLOSE is 56m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of semi-detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farndon, and where 6 WALTERS CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 6 WALTERS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Farndon.

6 WALTERS CLOSE: Plot and Title Map

6 WALTERS CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 6 WALTERS 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 WALTERS 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 WALTERS CLOSE?

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