2, MURDOCH CLOSE, FARNSFIELD, NEWARK, NG22 8FE - £420,000

2 MURDOCH CLOSE is a very large detached house of 183m², built sometime between 1996 and 2002. It was last sold for £420,000 in September 2016, which was around 69% above the average September 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

2 MURDOCH CLOSE Sold Prices

Land registry data shows three sales for 2 MURDOCH CLOSE 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. All of the three 2 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
2016 30 SEP	£420,000	£248,843	69% above HPI
2012 2 FEB	£375,000	£210,193	78% above HPI
2000 20 OCT	£230,000	£100,527	129% above HPI

2 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 three 2 MURDOCH CLOSE sales between October 2000 and September 2016 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 February 2012 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the September 2016 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 2 MURDOCH CLOSE?

2 MURDOCH CLOSE is 183m² according to the EPC inspection conducted in October 2010. 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 2 MURDOCH CLOSE lies on this distribution: 84% of detached houses are smaller than 2 MURDOCH CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

2 MURDOCH CLOSE: Plot and Title Map

2 MURDOCH CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 2 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 2 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 2 MURDOCH CLOSE?

2 MURDOCH CLOSE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 2 on MURDOCH CLOSE.