7, CORNER FARM CLOSE, ROLLESTON, NEWARK, NG23 5TR - £490,000

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

7 CORNER FARM CLOSE is a large detached house of 246m², which could now be worth an estimated £641,262. It was last sold for £490,000 in April 2018, which was around 79% above the average April 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

7 CORNER FARM CLOSE Sold Prices

Land registry data shows two sales for 7 CORNER 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 7 CORNER 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
2018 26 APR	£490,000	£274,340	79% above HPI
2012 17 MAY	£460,000	£197,738	133% above HPI

7 CORNER 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 7 CORNER FARM CLOSE sales from May 2012 and April 2018 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 2012 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the April 2018 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 7 CORNER FARM CLOSE be worth now?

7 CORNER FARM CLOSE might now be worth an estimated £641,262.

This is based on house price inflation of 30.9%, between April 2018 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 30.9% inflationary increase is applied to the most recent sale price for 7 CORNER FARM CLOSE of £490,000 on 26th April 2018. For the value to have increased from £490,000 to £641,262 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 7 CORNER FARM CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2018 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORNER FARM CLOSE has not materially changed since April 2018.

How Large is 7 CORNER FARM CLOSE?

7 CORNER FARM CLOSE is 246m² according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses houses in Rolleston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rolleston, and where 7 CORNER FARM CLOSE lies on this distribution: 73% of detached houses houses are smaller than 7 CORNER FARM CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Rolleston.

7 CORNER FARM CLOSE: Plot and Title Map

7 CORNER FARM CLOSE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 7 CORNER 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 7 CORNER 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 7 CORNER FARM CLOSE?

7 CORNER FARM CLOSE is located in ROLLESTON, in the NG23 postcode district. The below map shows the position of No. 7 on CORNER FARM CLOSE.