18, MURDOCH CLOSE, FARNSFIELD, NEWARK, NG22 8FE - £655,000

18 MURDOCH CLOSE is a very large extended detached house of 198m², built sometime between 2003 and 2006. It was last sold for £655,000 in January 2023, which was around 91% above the average January 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

18 MURDOCH CLOSE Sold Prices

Land registry data shows four sales for 18 MURDOCH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 18 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
2023 24 JAN	£655,000	£343,387	91% above HPI
2013 17 MAY	£370,000	£206,899	79% above HPI
2008 12 DEC	£315,000	£193,808	63% above HPI
2000 31 JUL	£234,995	£94,844	148% above HPI

18 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 four 18 MURDOCH CLOSE sales between July 2000 and January 2023 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 May 2013 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the January 2023 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 18 MURDOCH CLOSE?

18 MURDOCH CLOSE is 198m², which includes two extensions, according to the EPC inspection conducted in October 2021. 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 18 MURDOCH CLOSE lies on this distribution: 88% of detached houses are smaller than 18 MURDOCH CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

18 MURDOCH CLOSE: Plot and Title Map

18 MURDOCH CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 18 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 18 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 18 MURDOCH CLOSE?

18 MURDOCH CLOSE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 18 on MURDOCH CLOSE.