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

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

WAYFARER is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £182,500 in January 2013, which was around 9% 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	£201,500	9% below HPI
2003 21 NOV	£155,000	£173,580	11% below HPI
1999 11 OCT	£53,000	£88,824	40% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2013 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

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 in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where WAYFARER lies on this distribution: Less than 1% of detached 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.