11, WALTERS CLOSE, FARNDON, NEWARK, NG24 3UE - £67,000

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.

11 WALTERS CLOSE is a very small semi-detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £110,716. It was last sold for £67,000 in February 2014, which was around 46% below the average February 2014 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

11 WALTERS CLOSE Sold Prices

Land registry data shows two sales for 11 WALTERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 11 WALTERS CLOSE 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
2014 14 FEB	£67,000	£124,511	46% below HPI
2004 22 OCT	£56,000	£116,053	52% below HPI

11 WALTERS CLOSE 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 two 11 WALTERS CLOSE sales from October 2004 and February 2014 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 October 2004 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2014 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 11 WALTERS CLOSE be worth now?

11 WALTERS CLOSE might now be worth an estimated £110,716.

This is based on house price inflation of 65.2%, between February 2014 and February 2025, 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 65.2% inflationary increase is applied to the most recent sale price for 11 WALTERS CLOSE of £67,000 on 14th February 2014. For the value to have increased from £67,000 to £110,716 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 11 WALTERS CLOSE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The February 2014 sale price of £67,000 represented a fair market value for the property.
• The size, condition, and specification of 11 WALTERS CLOSE has not materially changed since February 2014.

How Large is 11 WALTERS CLOSE?

11 WALTERS CLOSE is 66m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of semi-detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farndon, and where 11 WALTERS CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 11 WALTERS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Farndon.

11 WALTERS CLOSE: Plot and Title Map

11 WALTERS CLOSE sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of 11 WALTERS CLOSE, 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 11 WALTERS CLOSE). 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 11 WALTERS CLOSE?

11 WALTERS CLOSE is located in FARNDON, in the NG24 postcode district. The below map shows the position of No. 11 on WALTERS CLOSE.