11A, HILLCREST, SOUTHWELL, NG25 0AQ - £377,500

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.

11A HILLCREST is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £463,076. It was last sold for £377,500 in August 2020, which was around 32% above the average August 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

11A HILLCREST Sold Prices

Land registry data shows two sales for 11A HILLCREST 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 11A HILLCREST 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 28 AUG	£377,500	£286,945	32% above HPI
1996 28 JUN	£105,000	£76,190	38% above HPI

11A HILLCREST 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 11A HILLCREST sales from June 1996 and August 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 June 1996 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 11A HILLCREST be worth now?

11A HILLCREST might now be worth an estimated £463,076.

This is based on house price inflation of 22.7%, between August 2020 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 22.7% inflationary increase is applied to the most recent sale price for 11A HILLCREST of £377,500 on 28th August 2020. For the value to have increased from £377,500 to £463,076 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 11A HILLCREST has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2020 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 11A HILLCREST has not materially changed since August 2020.

How Large is 11A HILLCREST?

11A HILLCREST is 93m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% 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 11A HILLCREST lies on this distribution: 25% of detached houses houses are smaller than 11A HILLCREST, and 74% of houses are larger. Note that EPC data is not available for all properties in Southwell.

11A HILLCREST: Plot and Title Map

11A HILLCREST sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 11A HILLCREST, 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 11A HILLCREST). 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 11A HILLCREST?

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