THE OLD FARMHOUSE, BACK STREET, SOUTH CLIFTON, NEWARK, NG23 7AF - £400,000

THE OLD FARMHOUSE is a large extended detached house of 212m², built sometime before 1900. It was last sold for £400,000 in April 2020, which was around 50% above the average April 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2013, where the current energy rating was F, and the potential energy rating was D.

THE OLD FARMHOUSE Sold Prices

Land registry data shows two sales for THE OLD FARMHOUSE 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 THE OLD FARMHOUSE 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
2020 2 APR	£400,000	£266,093	50% above HPI
2008 6 MAR	£315,000	£213,374	48% above HPI

THE OLD FARMHOUSE 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 THE OLD FARMHOUSE sales from March 2008 and April 2020 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 March 2008 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the April 2020 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is THE OLD FARMHOUSE?

THE OLD FARMHOUSE is 212m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 30% of detached houses in South Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in South Clifton, and where THE OLD FARMHOUSE lies on this distribution: 80% of detached houses are smaller than THE OLD FARMHOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in South Clifton.

THE OLD FARMHOUSE: Plot and Title Map

THE OLD FARMHOUSE sits on a plot of roughly 0.512 of an acre, or 2,070m². The below map shows the location of THE OLD FARMHOUSE, 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 THE OLD FARMHOUSE). 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 THE OLD FARMHOUSE?

THE OLD FARMHOUSE is located on BACK STREET in SOUTH CLIFTON, in the NG23 postcode district. The below map shows the position of THE OLD FARMHOUSE on BACK STREET.