12, MURDOCH CLOSE, FARNSFIELD, NEWARK, NG22 8FE - £390,000

12 MURDOCH CLOSE is a very large extended detached house of 174m², built sometime between 1996 and 2002. It was last sold for £390,000 in July 2017, which was around 56% above the average July 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

12 MURDOCH CLOSE Sold Prices

Land registry data shows two sales for 12 MURDOCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 12 MURDOCH CLOSE 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
2017 6 JUL	£390,000	£249,927	56% above HPI
2000 28 APR	£218,495	£88,794	146% above HPI

12 MURDOCH CLOSE 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 two 12 MURDOCH CLOSE sales from April 2000 and July 2017 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 2000 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the July 2017 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 12 MURDOCH CLOSE?

12 MURDOCH CLOSE is 174m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where 12 MURDOCH CLOSE lies on this distribution: 80% of detached houses are smaller than 12 MURDOCH CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

12 MURDOCH CLOSE: Plot and Title Map

12 MURDOCH CLOSE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 12 MURDOCH 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 12 MURDOCH 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 12 MURDOCH CLOSE?

12 MURDOCH CLOSE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 12 on MURDOCH CLOSE.