14, MONCKTON DRIVE, SOUTHWELL, NG25 0AW - £490,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 MONCKTON DRIVE is a small detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £537,418. It was last sold for £490,000 in March 2022, which was around 50% above the average March 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

14 MONCKTON DRIVE Sold Prices

Land registry data shows two sales for 14 MONCKTON DRIVE 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 MONCKTON DRIVE 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
2022 10 MAR	£490,000	£327,350	50% above HPI
2007 22 NOV	£325,000	£236,939	37% above HPI

14 MONCKTON DRIVE 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 MONCKTON DRIVE sales from November 2007 and March 2022 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 November 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 14 MONCKTON DRIVE be worth now?

14 MONCKTON DRIVE might now be worth an estimated £537,418.

This is based on house price inflation of 9.7%, between March 2022 and December 2024, 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 9.7% inflationary increase is applied to the most recent sale price for 14 MONCKTON DRIVE of £490,000 on 10th March 2022. For the value to have increased from £490,000 to £537,418 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 14 MONCKTON DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2022 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MONCKTON DRIVE has not materially changed since March 2022.

How Large is 14 MONCKTON DRIVE?

14 MONCKTON DRIVE is 102m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 14 MONCKTON DRIVE lies on this distribution: 33% of detached houses houses are smaller than 14 MONCKTON DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Southwell.

14 MONCKTON DRIVE: Plot and Title Map

14 MONCKTON DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 14 MONCKTON DRIVE, 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 MONCKTON DRIVE). 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 MONCKTON DRIVE?

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