4, FARR WAY, BLIDWORTH, MANSFIELD, NG21 0UB - £137,500

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.

4 FARR WAY is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £219,339. It was last sold for £137,500 in June 2011, which was around 37% below the average June 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

4 FARR WAY Sold Prices

Land registry data shows two sales for 4 FARR WAY 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 4 FARR WAY 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
2011 3 JUN	£137,500	£219,683	37% below HPI
2003 30 SEP	£105,000	£175,562	40% below HPI

4 FARR WAY 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 4 FARR WAY sales from September 2003 and June 2011 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 September 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2011 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 4 FARR WAY be worth now?

4 FARR WAY might now be worth an estimated £219,339.

This is based on house price inflation of 59.5%, between June 2011 and June 2025, for 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 59.5% inflationary increase is applied to the most recent sale price for 4 FARR WAY of £137,500 on 3rd June 2011. For the value to have increased from £137,500 to £219,339 over the fourteen years to June 2025, the following assumptions must hold true:

• The value of 4 FARR WAY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2011 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 4 FARR WAY has not materially changed since June 2011.

How Large is 4 FARR WAY?

4 FARR WAY is 75m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses houses in Blidworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blidworth, and where 4 FARR WAY lies on this distribution: 17% of detached houses houses are smaller than 4 FARR WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Blidworth.

4 FARR WAY: Plot and Title Map

4 FARR WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 4 FARR WAY, 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 4 FARR WAY). 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 4 FARR WAY?

4 FARR WAY is located in BLIDWORTH, in the NG21 postcode district. The below map shows the position of No. 4 on FARR WAY.