16, HONING DRIVE, SOUTHWELL, NG25 0LB - £287,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 HONING DRIVE is a very large extended detached house of 181m², built sometime between 1976 and 1982, which could now be worth an estimated £469,235. It was last sold for £287,500 in December 2011, which was around 33% above the average December 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

16 HONING DRIVE Sold Prices

Land registry data shows two sales for 16 HONING 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 16 HONING 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
2011 21 DEC	£287,500	£215,666	33% above HPI
2000 30 JUN	£116,000	£95,876	21% above HPI

16 HONING 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 16 HONING DRIVE sales from June 2000 and December 2011 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 June 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2011 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 16 HONING DRIVE be worth now?

16 HONING DRIVE might now be worth an estimated £469,235.

This is based on house price inflation of 63.2%, between December 2011 and February 2025, 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 63.2% inflationary increase is applied to the most recent sale price for 16 HONING DRIVE of £287,500 on 21st December 2011. For the value to have increased from £287,500 to £469,235 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 HONING DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2011 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 16 HONING DRIVE has not materially changed since December 2011.

How Large is 16 HONING DRIVE?

16 HONING DRIVE is 181m², which includes three extensions, according to the EPC inspection conducted in June 2015. 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 16 HONING DRIVE lies on this distribution: 87% of detached houses houses are smaller than 16 HONING DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Southwell.

16 HONING DRIVE: Plot and Title Map

16 HONING DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 16 HONING 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 16 HONING 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 16 HONING DRIVE?

16 HONING DRIVE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 16 on HONING DRIVE.