8, FARTHINGATE, SOUTHWELL, NG25 0HT - £299,950

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 FARTHINGATE is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £530,824. It was last sold for £299,950 in June 2012, which was around 51% above the average June 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

8 FARTHINGATE Sold Prices

Land registry data shows two sales for 8 FARTHINGATE 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 FARTHINGATE 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
2012 12 JUN	£299,950	£198,899	51% above HPI
2007 4 JUN	£250,000	£227,639	10% above HPI

8 FARTHINGATE 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 FARTHINGATE sales from June 2007 and June 2012 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 June 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2012 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 8 FARTHINGATE be worth now?

8 FARTHINGATE might now be worth an estimated £530,824.

This is based on house price inflation of 77%, between June 2012 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 77% inflationary increase is applied to the most recent sale price for 8 FARTHINGATE of £299,950 on 12th June 2012. For the value to have increased from £299,950 to £530,824 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 8 FARTHINGATE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2012 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 8 FARTHINGATE has not materially changed since June 2012.

How Large is 8 FARTHINGATE?

8 FARTHINGATE is 97m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southwell, and where 8 FARTHINGATE lies on this distribution: 29% of detached houses houses are smaller than 8 FARTHINGATE, and 71% of houses are larger. Note that EPC data is not available for all properties in Southwell.

8 FARTHINGATE: Plot and Title Map

8 FARTHINGATE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 8 FARTHINGATE, 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 FARTHINGATE). 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 FARTHINGATE?

8 FARTHINGATE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 8 on FARTHINGATE.