WILLOWCROFT, MAIN STREET, FARNDON, NEWARK, NG24 3SA - £435,000

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

WILLOWCROFT is a large extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £477,095. It was last sold for £435,000 in March 2022, which was around 33% above the average March 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

WILLOWCROFT Sold Prices

Land registry data shows three sales for WILLOWCROFT 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. Two of the three WILLOWCROFT sales were for above the average price, whilst one was 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
2022 2 MAR	£435,000	£327,350	33% above HPI
2013 16 AUG	£250,000	£217,836	15% above HPI
2007 2 NOV	£170,000	£236,939	28% below HPI

WILLOWCROFT 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 WILLOWCROFT sales between November 2007 and March 2022 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 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might WILLOWCROFT be worth now?

WILLOWCROFT might now be worth an estimated £477,095.

This is based on house price inflation of 9.7%, between March 2022 and December 2024, 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 9.7% inflationary increase is applied to the most recent sale price for WILLOWCROFT of £435,000 on 2nd March 2022. For the value to have increased from £435,000 to £477,095 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of WILLOWCROFT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOWCROFT has not materially changed since March 2022.

How Large is WILLOWCROFT?

WILLOWCROFT is 134m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where WILLOWCROFT lies on this distribution: 78% of detached houses houses are smaller than WILLOWCROFT, and 22% of houses are larger. Note that EPC data is not available for all properties in Farndon.

WILLOWCROFT: Plot and Title Map

WILLOWCROFT sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of WILLOWCROFT, 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 WILLOWCROFT). 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 WILLOWCROFT?

WILLOWCROFT is located on MAIN STREET in FARNDON, in the NG24 postcode district. The below map shows the position of WILLOWCROFT on MAIN STREET.