11, RIVERSIDE, SOUTHWELL, NG25 0HA - £325,000

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.

11 RIVERSIDE is a midsized detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £456,006. It was last sold for £325,000 in February 2017, which was around 30% above the average February 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

11 RIVERSIDE Sold Prices

Land registry data shows two sales for 11 RIVERSIDE 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 RIVERSIDE 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
2017 10 FEB	£325,000	£250,869	30% above HPI
1997 22 SEP	£121,000	£82,953	46% above HPI

11 RIVERSIDE 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 RIVERSIDE sales from September 1997 and February 2017 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 1997 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 11 RIVERSIDE be worth now?

11 RIVERSIDE might now be worth an estimated £456,006.

This is based on house price inflation of 40.3%, between February 2017 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 40.3% inflationary increase is applied to the most recent sale price for 11 RIVERSIDE of £325,000 on 10th February 2017. For the value to have increased from £325,000 to £456,006 over the eight years to February 2025, the following assumptions must hold true:

• The value of 11 RIVERSIDE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 11 RIVERSIDE has not materially changed since February 2017.

How Large is 11 RIVERSIDE?

11 RIVERSIDE is 123m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% 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 RIVERSIDE lies on this distribution: 53% of detached houses houses are smaller than 11 RIVERSIDE, and 46% of houses are larger. Note that EPC data is not available for all properties in Southwell.

11 RIVERSIDE: Plot and Title Map

11 RIVERSIDE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 11 RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

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