THE STABLES, MAIN STREET, FARNSFIELD, NEWARK, NG22 8EA - £252,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE STABLES is a very small extended semi-detached house of 84m², built sometime before 1900, which could now be worth an estimated £272,551. It was last sold for £252,000 in March 2024, which was around 30% above the average March 2024 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2012, where the current energy rating was F, and the potential energy rating was C.

THE STABLES Sold Prices

Land registry data shows seven sales for THE STABLES since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the seven THE STABLES 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
2024 15 MAR	£252,000	£194,352	30% above HPI
2019 16 APR	£202,000	£153,915	31% above HPI
2015 20 AUG	£188,000	£137,771	36% above HPI
2013 13 SEP	£187,500	£121,268	55% above HPI
2008 12 DEC	£172,000	£117,038	47% above HPI
2005 7 JAN	£135,000	£123,660	9% above HPI
2002 13 SEP	£91,000	£77,683	17% above HPI

THE STABLES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The seven THE STABLES sales between September 2002 and March 2024 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 April 2019 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2024 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might THE STABLES be worth now?

THE STABLES might now be worth an estimated £272,551.

This is based on house price inflation of 8.2%, between March 2024 and December 2024, for semi-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 8.2% inflationary increase is applied to the most recent sale price for THE STABLES of £252,000 on 15th March 2024. For the value to have increased from £252,000 to £272,551 over the three months to December 2024, the following assumptions must hold true:

• The value of THE STABLES has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The March 2024 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of THE STABLES has not materially changed since March 2024.

How Large is THE STABLES?

THE STABLES is 84m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of semi-detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farnsfield, and where THE STABLES lies on this distribution: 12% of semi-detached houses houses are smaller than THE STABLES, and 87% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

THE STABLES: Plot and Title Map

THE STABLES sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of THE STABLES, 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 THE STABLES). 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 THE STABLES?

THE STABLES is located on MAIN STREET in FARNSFIELD, in the NG22 postcode district. The below map shows the position of THE STABLES on MAIN STREET.