17, CRAFTS WAY, SOUTHWELL, NG25 0BL - £305,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 CRAFTS WAY is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £305,000 in May 2016, which was around 26% above the average May 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

17 CRAFTS WAY Sold Prices

Land registry data shows two sales for 17 CRAFTS WAY 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 17 CRAFTS WAY 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
2016 27 MAY	£305,000	£241,520	26% above HPI
2007 28 SEP	£282,500	£229,538	23% above HPI

17 CRAFTS WAY 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 17 CRAFTS WAY sales from September 2007 and May 2016 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 September 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2016 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 17 CRAFTS WAY?

17 CRAFTS WAY is 108m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 17 CRAFTS WAY lies on this distribution: 39% of detached houses are smaller than 17 CRAFTS WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Southwell.

17 CRAFTS WAY: Plot and Title Map

17 CRAFTS WAY sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 17 CRAFTS WAY, 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 17 CRAFTS WAY). 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 17 CRAFTS WAY?

17 CRAFTS WAY is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 17 on CRAFTS WAY.