Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
15 RIVERSIDE is a very large extended detached house of 168m², built sometime between 1976 and 1982. It was last sold for £238,000 in November 2003, which was around 37% 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.
Land registry data shows two sales for 15 RIVERSIDE since 1st 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 | £173,580 | 37% above HPI |
1999 19 FEB | £132,000 | £80,422 | 64% above HPI |
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 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the November 2003 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.
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 in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 15 RIVERSIDE lies on this distribution: 84% of detached houses are smaller than 15 RIVERSIDE, and 16% of houses are larger. Note that EPC data is not available for all properties in Southwell.
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.
15 RIVERSIDE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 15 on RIVERSIDE.