8, HOLMEFIELD, FARNDON, NEWARK, NG24 3TZ - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 HOLMEFIELD is a midsized detached house of 103m², built sometime between 1996 and 2002. It was last sold for £240,000 in May 2018, which was around 7% below the average May 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

8 HOLMEFIELD Sold Prices

Land registry data shows six sales for 8 HOLMEFIELD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. The six 8 HOLMEFIELD sales were a mix of below the average price, roughly equal to the average price, and 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 11 MAY	£240,000	£256,928	7% below HPI
2014 14 FEB	£192,500	£209,094	8% below HPI
2006 12 DEC	£165,000	£211,882	22% below HPI
2002 22 MAR	£110,000	£108,754	1% above HPI
1998 1 SEP	£76,500	£87,139	12% below HPI
1996 21 JUN	£73,000	£73,188	Close to HPI

8 HOLMEFIELD 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 six 8 HOLMEFIELD sales between June 1996 and May 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 February 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 HOLMEFIELD?

8 HOLMEFIELD is 103m² according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 8 HOLMEFIELD lies on this distribution: 51% of detached houses are smaller than 8 HOLMEFIELD, and 47% of houses are larger. Note that EPC data is not available for all properties in Farndon.

8 HOLMEFIELD: Plot and Title Map

8 HOLMEFIELD sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 HOLMEFIELD, 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 HOLMEFIELD). 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 HOLMEFIELD?

8 HOLMEFIELD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 8 on HOLMEFIELD.