9, HOME FARM CLOSE, KELHAM, NEWARK, NG23 5QB - £244,500

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.

9 HOME FARM CLOSE is a small terraced house of 132m², built sometime between 2003 and 2006, which could now be worth an estimated £418,887. It was last sold for £244,500 in March 2013, which was around 149% above the average March 2013 terraced price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

9 HOME FARM CLOSE Sold Prices

Land registry data shows two sales for 9 HOME FARM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 9 HOME 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
2013 11 MAR	£244,500	£98,050	149% above HPI
2003 19 DEC	£224,000	£80,968	177% above HPI

9 HOME 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 two 9 HOME FARM CLOSE sales from December 2003 and March 2013 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 December 2003 sale was for 177% above the HPI. So the extrapolation line tracks at 177% above the HPI over time, until the March 2013 sale, where it falls to 149% above the HPI. The line then continues to track at 149% above the HPI.

What might 9 HOME FARM CLOSE be worth now?

9 HOME FARM CLOSE might now be worth an estimated £418,887.

This is based on house price inflation of 71.3%, between March 2013 and June 2025, 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 71.3% inflationary increase is applied to the most recent sale price for 9 HOME FARM CLOSE of £244,500 on 11th March 2013. For the value to have increased from £244,500 to £418,887 over the eleven years and nine months to June 2025, the following assumptions must hold true:

• The value of 9 HOME FARM CLOSE has moved in line with the HPI for terraced houses in the Newark and Sherwood local authority area.
• The March 2013 sale price of £244,500 represented a fair market value for the property.
• The size, condition, and specification of 9 HOME FARM CLOSE has not materially changed since March 2013.

How Large is 9 HOME FARM CLOSE?

9 HOME FARM CLOSE is 132m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% of terraced houses houses in Kelham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kelham, and where 9 HOME FARM CLOSE lies on this distribution: 39% of terraced houses houses are smaller than 9 HOME FARM CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Kelham.

9 HOME FARM CLOSE: Plot and Title Map

9 HOME FARM CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 9 HOME 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 9 HOME 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 9 HOME FARM CLOSE?

9 HOME FARM CLOSE is located in KELHAM, in the NG23 postcode district. The below map shows the position of No. 9 on HOME FARM CLOSE.