2, CORNER FARM CLOSE, ROLLESTON, NEWARK, NG23 5TR - £195,849

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.

2 CORNER FARM CLOSE is a very small terraced house of 70m², built sometime from 2007 onwards, which could now be worth an estimated £351,058. It was last sold for £195,849 in June 2012, which was around 104% above the average June 2012 terraced price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2010, where the current energy rating was B, and the potential energy rating was B.

2 CORNER FARM CLOSE Sold Prices

Land registry data shows three sales for 2 CORNER FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 CORNER FARM 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
2012 27 JUN	£195,849	£95,785	104% above HPI
2011 19 AUG	£173,000	£102,996	68% above HPI
2009 18 DEC	£180,000	£104,380	72% above HPI

2 CORNER FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 2 CORNER FARM CLOSE sales between December 2009 and June 2012 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 2011 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the June 2012 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might 2 CORNER FARM CLOSE be worth now?

2 CORNER FARM CLOSE might now be worth an estimated £351,058.

This is based on house price inflation of 79.2%, between June 2012 and May 2026, for terraced 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 79.2% inflationary increase is applied to the most recent sale price for 2 CORNER FARM CLOSE of £195,849 on 27th June 2012. For the value to have increased from £195,849 to £351,058 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of 2 CORNER FARM CLOSE has moved in line with the HPI for terraced houses in the Newark and Sherwood local authority area.
• The June 2012 sale price of £195,849 represented a fair market value for the property.
• The size, condition, and specification of 2 CORNER FARM CLOSE has not materially changed since June 2012.

How Large is 2 CORNER FARM CLOSE?

2 CORNER FARM CLOSE is 70m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of terraced houses houses in Rolleston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rolleston, and where 2 CORNER FARM CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 2 CORNER FARM CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rolleston.

2 CORNER FARM CLOSE: Plot and Title Map

2 CORNER FARM CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 2 CORNER FARM 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 2 CORNER FARM 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 2 CORNER FARM CLOSE?

2 CORNER FARM CLOSE is located in ROLLESTON, in the NG23 postcode district. The below map shows the position of No. 2 on CORNER FARM CLOSE.