15, LOWES WONG, SOUTHWELL, NG25 0JS - £235,000

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

15 LOWES WONG is a very small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £332,617. It was last sold for £235,000 in April 2017, which was around 7% below the average April 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

15 LOWES WONG Sold Prices

Land registry data shows two sales for 15 LOWES WONG 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 15 LOWES WONG 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
2017 3 APR	£235,000	£253,660	7% below HPI
2007 1 MAR	£183,000	£222,837	18% below HPI

15 LOWES WONG 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 15 LOWES WONG sales from March 2007 and April 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 March 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 15 LOWES WONG be worth now?

15 LOWES WONG might now be worth an estimated £332,617.

This is based on house price inflation of 41.5%, between April 2017 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 41.5% inflationary increase is applied to the most recent sale price for 15 LOWES WONG of £235,000 on 3rd April 2017. For the value to have increased from £235,000 to £332,617 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 15 LOWES WONG has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LOWES WONG has not materially changed since April 2017.

How Large is 15 LOWES WONG?

15 LOWES WONG is 87m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% 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 15 LOWES WONG lies on this distribution: 18% of detached houses houses are smaller than 15 LOWES WONG, and 81% of houses are larger. Note that EPC data is not available for all properties in Southwell.

15 LOWES WONG: Plot and Title Map

15 LOWES WONG sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 15 LOWES WONG, 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 15 LOWES WONG). 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 15 LOWES WONG?

15 LOWES WONG is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 15 on LOWES WONG.