BLUE GABLES, BECK LANE, FARNSFIELD, NEWARK, NG22 8ER - £912,500

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.

BLUE GABLES is a very large extended detached house of 252m², built sometime between 1950 and 1966, which could now be worth an estimated £923,143. It was last sold for £912,500 in October 2022, which was around 162% above the average October 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

BLUE GABLES Sold Prices

Land registry data shows two sales for BLUE GABLES 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 BLUE GABLES 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
2022 3 OCT	£912,500	£347,935	162% above HPI
2013 27 SEP	£450,000	£213,306	111% above HPI

BLUE GABLES 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 BLUE GABLES sales from September 2013 and October 2022 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 2013 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the October 2022 sale, where it rises to 162% above the HPI. The line then continues to track at 162% above the HPI.

What might BLUE GABLES be worth now?

BLUE GABLES might now be worth an estimated £923,143.

This is based on house price inflation of 1.2%, between October 2022 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 1.2% inflationary increase is applied to the most recent sale price for BLUE GABLES of £912,500 on 3rd October 2022. For the value to have increased from £912,500 to £923,143 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of BLUE GABLES has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2022 sale price of £912,500 represented a fair market value for the property.
• The size, condition, and specification of BLUE GABLES has not materially changed since October 2022.

How Large is BLUE GABLES?

BLUE GABLES is 252m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnsfield, and where BLUE GABLES lies on this distribution: 96% of detached houses houses are smaller than BLUE GABLES, and 4% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

BLUE GABLES: Plot and Title Map

BLUE GABLES sits on a plot of roughly 0.480 of an acre, or 1,944m². The below map shows the location of BLUE GABLES, 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 BLUE GABLES). 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 BLUE GABLES?

BLUE GABLES is located on BECK LANE in FARNSFIELD, in the NG22 postcode district. The below map shows the position of BLUE GABLES on BECK LANE.