14, LEEWAY ROAD, SOUTHWELL, NG25 0BX - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 LEEWAY ROAD is a very small extended detached house of 64m², built sometime between 1950 and 1966. It was last sold for £255,000 in March 2020, which was around 4% below the average March 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

14 LEEWAY ROAD Sold Prices

Land registry data shows two sales for 14 LEEWAY ROAD 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 14 LEEWAY ROAD sales were for below 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 12 MAR	£255,000	£264,335	4% below HPI
2000 6 JUL	£80,000	£94,844	16% below HPI

14 LEEWAY ROAD 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 14 LEEWAY ROAD sales from July 2000 and March 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 July 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 14 LEEWAY ROAD?

14 LEEWAY ROAD is 64m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 14 LEEWAY ROAD lies on this distribution: 4% of detached houses are smaller than 14 LEEWAY ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Southwell.

14 LEEWAY ROAD: Plot and Title Map

14 LEEWAY ROAD sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 14 LEEWAY ROAD, 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 14 LEEWAY ROAD). 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 14 LEEWAY ROAD?

14 LEEWAY ROAD is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 14 on LEEWAY ROAD.