11, CHIMES MEADOW, SOUTHWELL, NG25 0GB - £492,500

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.

11 CHIMES MEADOW is a large extended detached house of 134m², built sometime between 1976 and 1982, which could now be worth an estimated £494,227. It was last sold for £492,500 in February 2023, which was around 40% above the average February 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

11 CHIMES MEADOW Sold Prices

Land registry data shows two sales for 11 CHIMES MEADOW 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 11 CHIMES MEADOW 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
2023 10 FEB	£492,500	£350,763	40% above HPI
2003 27 OCT	£240,000	£176,381	36% above HPI

11 CHIMES MEADOW 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 11 CHIMES MEADOW sales from October 2003 and February 2023 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 October 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2023 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 11 CHIMES MEADOW be worth now?

11 CHIMES MEADOW might now be worth an estimated £494,227.

This is based on house price inflation of 0.4%, between February 2023 and February 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 0.4% inflationary increase is applied to the most recent sale price for 11 CHIMES MEADOW of £492,500 on 10th February 2023. For the value to have increased from £492,500 to £494,227 over the two years to February 2025, the following assumptions must hold true:

• The value of 11 CHIMES MEADOW has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2023 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 11 CHIMES MEADOW has not materially changed since February 2023.

How Large is 11 CHIMES MEADOW?

11 CHIMES MEADOW is 134m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southwell, and where 11 CHIMES MEADOW lies on this distribution: 64% of detached houses houses are smaller than 11 CHIMES MEADOW, and 35% of houses are larger. Note that EPC data is not available for all properties in Southwell.

11 CHIMES MEADOW: Plot and Title Map

11 CHIMES MEADOW sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of 11 CHIMES MEADOW, 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 11 CHIMES MEADOW). 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 11 CHIMES MEADOW?

11 CHIMES MEADOW is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 11 on CHIMES MEADOW.