15, RIVERSIDE, SOUTHWELL, NG25 0HA - £238,000

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 RIVERSIDE is a very large extended detached house of 168m², built sometime between 1976 and 1982, which could now be worth an estimated £472,876. It was last sold for £238,000 in November 2003, which was around 32% above the average November 2003 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2024, where the current energy rating was B, and the potential energy rating was B.

15 RIVERSIDE Sold Prices

Land registry data shows two sales for 15 RIVERSIDE 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 RIVERSIDE 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
2003 21 NOV	£238,000	£180,700	32% above HPI
1999 19 FEB	£132,000	£83,721	58% above HPI

15 RIVERSIDE 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 RIVERSIDE sales from February 1999 and November 2003 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 February 1999 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2003 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 15 RIVERSIDE be worth now?

15 RIVERSIDE might now be worth an estimated £472,876.

This is based on house price inflation of 98.7%, between November 2003 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 98.7% inflationary increase is applied to the most recent sale price for 15 RIVERSIDE of £238,000 on 21st November 2003. For the value to have increased from £238,000 to £472,876 over the twenty years and eleven months to December 2024, the following assumptions must hold true:

• The value of 15 RIVERSIDE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2003 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RIVERSIDE has not materially changed since November 2003.

How Large is 15 RIVERSIDE?

15 RIVERSIDE is 168m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 RIVERSIDE lies on this distribution: 83% of detached houses houses are smaller than 15 RIVERSIDE, and 17% of houses are larger. Note that EPC data is not available for all properties in Southwell.

15 RIVERSIDE: Plot and Title Map

15 RIVERSIDE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 15 RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

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