9, WESTFIELD WAY, FARNDON, NEWARK, NG24 3TP - £255,000

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

9 WESTFIELD WAY is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £255,000 in June 2021, which was around 13% below the average June 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

9 WESTFIELD WAY Sold Prices

Land registry data shows three sales for 9 WESTFIELD WAY 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 WESTFIELD WAY 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 29 JUN	£255,000	£293,503	13% below HPI
2011 12 DEC	£185,000	£207,169	11% below HPI
2007 14 AUG	£179,950	£224,225	20% below HPI

9 WESTFIELD WAY 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 WESTFIELD WAY sales between August 2007 and June 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 December 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 WESTFIELD WAY?

9 WESTFIELD WAY is 102m² according to the EPC inspection conducted in July 2010. 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 WESTFIELD WAY lies on this distribution: 50% of detached houses are smaller than 9 WESTFIELD WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Farndon.

9 WESTFIELD WAY: Plot and Title Map

9 WESTFIELD WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 9 WESTFIELD WAY, 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 WESTFIELD WAY). 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 WESTFIELD WAY?

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