WAYFARER, STATION ROAD, HARBY, NEWARK, NG23 7EQ - £182,500

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.

WAYFARER is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £306,240. It was last sold for £182,500 in January 2013, which was around 13% below the average January 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

WAYFARER Sold Prices

Land registry data shows three sales for WAYFARER 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 WAYFARER 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
2013 9 JAN	£182,500	£209,766	13% below HPI
2003 21 NOV	£155,000	£180,700	14% below HPI
1999 11 OCT	£53,000	£92,468	43% below HPI

WAYFARER 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 WAYFARER sales between October 1999 and January 2013 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 November 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might WAYFARER be worth now?

WAYFARER might now be worth an estimated £306,240.

This is based on house price inflation of 67.8%, between January 2013 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 67.8% inflationary increase is applied to the most recent sale price for WAYFARER of £182,500 on 9th January 2013. For the value to have increased from £182,500 to £306,240 over the eleven years and eleven months to February 2025, the following assumptions must hold true:

• The value of WAYFARER has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The January 2013 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of WAYFARER has not materially changed since January 2013.

How Large is WAYFARER?

WAYFARER is 69m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where WAYFARER lies on this distribution: Less than 1% of detached houses houses are smaller than WAYFARER, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Harby.

WAYFARER: Plot and Title Map

WAYFARER sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of WAYFARER, 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 WAYFARER). 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 WAYFARER?

WAYFARER is located on STATION ROAD in HARBY, in the NG23 postcode district. The below map shows the position of WAYFARER on STATION ROAD.