HOME FARM, MAIN STREET, KIRKLINGTON, NEWARK, NG22 8ND - £275,000

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

HOME FARM is a large extended detached house of 237m², built sometime before 1900. It was last sold for £275,000 in March 2012, which was around 34% above the average March 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2015, where the current energy rating was F, and the potential energy rating was C.

HOME FARM Sold Prices

Land registry data shows two sales for HOME 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 HOME 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
2012 23 MAR	£275,000	£204,708	34% above HPI
2001 31 AUG	£225,000	£109,668	105% above HPI

HOME 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 HOME FARM sales from August 2001 and March 2012 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 August 2001 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the March 2012 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is HOME FARM?

HOME FARM is 237m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Kirklington, based on EPC data. The below chart shows the distribution of detached houses by size in Kirklington, and where HOME FARM lies on this distribution: 69% of detached houses are smaller than HOME FARM, and 31% of houses are larger. Note that EPC data is not available for all properties in Kirklington.

HOME FARM: Plot and Title Map

HOME FARM sits on a plot of roughly 0.243 of an acre, or 983m². The below map shows the location of HOME 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 HOME 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 HOME FARM?

HOME FARM is located on MAIN STREET in KIRKLINGTON, in the NG22 postcode district. The below map shows the position of HOME FARM on MAIN STREET.