3, PREBEND CLOSE, FARNDON, NEWARK, NG24 3SJ - £130,000

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.

3 PREBEND CLOSE is a very large extended detached house of 217m², built sometime between 1976 and 1982, which could now be worth an estimated £448,449. It was last sold for £130,000 in August 2000, which was around 27% above the average August 2000 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

3 PREBEND CLOSE Sold Prices

Land registry data shows one sale for 3 PREBEND CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2000 8 AUG	£130,000	£102,612	27% above HPI

What might 3 PREBEND CLOSE be worth now?

3 PREBEND CLOSE might now be worth an estimated £448,449.

This is based on house price inflation of 245%, between August 2000 and May 2026, 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 245% inflationary increase is applied to the most recent sale price for 3 PREBEND CLOSE of £130,000 on 8th August 2000. For the value to have increased from £130,000 to £448,449 over the 26 years and three months to May 2026, the following assumptions must hold true:

• The value of 3 PREBEND CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2000 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PREBEND CLOSE has not materially changed since August 2000.

How Large is 3 PREBEND CLOSE?

3 PREBEND CLOSE is 217m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 3 PREBEND CLOSE lies on this distribution: 94% of detached houses are smaller than 3 PREBEND CLOSE, and 6% of detached houses are larger. Note that EPC data is not available for all properties in Farndon.

3 PREBEND CLOSE: Plot

3 PREBEND CLOSE sits on a plot of roughly 832.9 acres, or 3,370,688m².

Where is 3 PREBEND CLOSE?

3 PREBEND CLOSE is located in FARNDON, in the NG24 postcode district.