FLEET HOUSE FARM, LOW ROAD, BESTHORPE, NEWARK, NG23 7HJ - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FLEET HOUSE FARM is a very large detached house of 245m², built sometime before 1900. It was last sold for £500,000 in August 2011, which was around 142% above the average August 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2010, where the current energy rating was F, and the potential energy rating was F.

FLEET HOUSE FARM Sold Prices

Land registry data shows two sales for FLEET HOUSE FARM 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 FLEET HOUSE FARM 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
2011 31 AUG	£500,000	£206,646	142% above HPI
2006 31 MAR	£499,000	£199,901	150% above HPI

FLEET HOUSE FARM 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 FLEET HOUSE FARM sales from March 2006 and August 2011 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 March 2006 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the August 2011 sale, where it falls to 142% above the HPI. The line then continues to track at 142% above the HPI.

How Large is FLEET HOUSE FARM?

FLEET HOUSE FARM is 245m² according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses in Besthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Besthorpe, and where FLEET HOUSE FARM lies on this distribution: More than 99% of detached houses are smaller than FLEET HOUSE FARM, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Besthorpe.

FLEET HOUSE FARM: Plot and Title Map

FLEET HOUSE FARM sits on a plot of roughly 0.986 of an acre, or 3,990m². The below map shows the location of FLEET HOUSE FARM, 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 FLEET HOUSE FARM). 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 FLEET HOUSE FARM?

FLEET HOUSE FARM is located on LOW ROAD in BESTHORPE, in the NG23 postcode district. The below map shows the position of FLEET HOUSE FARM on LOW ROAD.