11, TEMPLEMANS WAY, SOUTHWELL, NG25 0EF - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 TEMPLEMANS WAY is a very small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £265,000 in August 2016, which was around 10% above the average August 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

11 TEMPLEMANS WAY Sold Prices

Land registry data shows two sales for 11 TEMPLEMANS WAY 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 TEMPLEMANS WAY 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
2016 23 AUG	£265,000	£241,694	10% above HPI
1995 30 OCT	£80,000	£70,060	14% above HPI

11 TEMPLEMANS WAY 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 TEMPLEMANS WAY sales from October 1995 and August 2016 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 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2016 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 11 TEMPLEMANS WAY?

11 TEMPLEMANS WAY is 88m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 11 TEMPLEMANS WAY lies on this distribution: 19% of detached houses are smaller than 11 TEMPLEMANS WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Southwell.

11 TEMPLEMANS WAY: Plot and Title Map

11 TEMPLEMANS WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 11 TEMPLEMANS WAY, 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 TEMPLEMANS WAY). 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 TEMPLEMANS WAY?

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