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

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.

9 CALIFORNIA ROAD is a midsized detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £271,751. It was last sold for £230,000 in May 2021, which was around 23% 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	£297,914	23% below HPI
1998 3 SEP	£68,950	£90,713	24% below HPI
1996 14 MAY	£64,000	£75,569	15% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 9 CALIFORNIA ROAD be worth now?

9 CALIFORNIA ROAD might now be worth an estimated £271,751.

This is based on house price inflation of 18.2%, between May 2021 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 18.2% inflationary increase is applied to the most recent sale price for 9 CALIFORNIA ROAD of £230,000 on 27th May 2021. For the value to have increased from £230,000 to £271,751 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 9 CALIFORNIA ROAD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CALIFORNIA ROAD has not materially changed since May 2021.

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 houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where 9 CALIFORNIA ROAD lies on this distribution: 53% of detached houses 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.