9, CALIFORNIA ROAD, FARNDON, NEWARK, NG24 3SB - £230,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

9 CALIFORNIA ROAD is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £230,000 in May 2021, which was around 20% below the average May 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

9 CALIFORNIA ROAD Sold Prices

Land registry data shows three sales for 9 CALIFORNIA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 9 CALIFORNIA ROAD sales were 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 27 MAY	£230,000	£286,176	20% below HPI
1998 3 SEP	£68,950	£87,139	21% below HPI
1996 14 MAY	£64,000	£72,591	12% below HPI

9 CALIFORNIA ROAD 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 three 9 CALIFORNIA ROAD sales between May 1996 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 September 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 9 CALIFORNIA ROAD?

9 CALIFORNIA ROAD is 105m² according to the EPC inspection conducted in September 2020. 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 9 CALIFORNIA ROAD lies on this distribution: 53% of detached houses are smaller than 9 CALIFORNIA ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Farndon.

9 CALIFORNIA ROAD: Plot and Title Map

9 CALIFORNIA ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 9 CALIFORNIA ROAD, 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 9 CALIFORNIA ROAD). 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 9 CALIFORNIA ROAD?

9 CALIFORNIA ROAD is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 9 on CALIFORNIA ROAD.