8, CROFT FARM CLOSE, ROLLESTON, NEWARK, NG23 5SP - £515,000

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.

8 CROFT FARM CLOSE is a large detached house of 265m², built sometime between 1991 and 1995, which could now be worth an estimated £714,643. It was last sold for £515,000 in April 2017, which was around 103% above the average April 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was C.

8 CROFT FARM CLOSE Sold Prices

Land registry data shows two sales for 8 CROFT 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 8 CROFT 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
2017 21 APR	£515,000	£253,660	103% above HPI
2007 13 NOV	£560,000	£236,939	136% above HPI

8 CROFT 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 8 CROFT FARM CLOSE sales from November 2007 and April 2017 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 November 2007 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the April 2017 sale, where it falls to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 8 CROFT FARM CLOSE be worth now?

8 CROFT FARM CLOSE might now be worth an estimated £714,643.

This is based on house price inflation of 38.8%, between April 2017 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 38.8% inflationary increase is applied to the most recent sale price for 8 CROFT FARM CLOSE of £515,000 on 21st April 2017. For the value to have increased from £515,000 to £714,643 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 8 CROFT FARM CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2017 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CROFT FARM CLOSE has not materially changed since April 2017.

How Large is 8 CROFT FARM CLOSE?

8 CROFT FARM CLOSE is 265m² according to the EPC inspection conducted in January 2014. 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 8 CROFT FARM CLOSE lies on this distribution: 80% of detached houses houses are smaller than 8 CROFT FARM CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Rolleston.

8 CROFT FARM CLOSE: Plot and Title Map

8 CROFT FARM CLOSE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 8 CROFT 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 8 CROFT 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 8 CROFT FARM CLOSE?

8 CROFT FARM CLOSE is located in ROLLESTON, in the NG23 postcode district. The below map shows the position of No. 8 on CROFT FARM CLOSE.