17, FERN CLOSE, SOUTHWELL, NG25 0DB - £240,000

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.

17 FERN CLOSE is a very small extended detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £386,072. It was last sold for £240,000 in February 2012, which was around 10% above the average February 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

17 FERN CLOSE Sold Prices

Land registry data shows two sales for 17 FERN CLOSE 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. One of the two 17 FERN CLOSE sales was for above the average price, whilst the other was 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
2012 10 FEB	£240,000	£218,815	10% above HPI
2009 5 JUN	£170,000	£203,653	17% below HPI

17 FERN CLOSE 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 FERN CLOSE sales from June 2009 and February 2012 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 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2012 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 17 FERN CLOSE be worth now?

17 FERN CLOSE might now be worth an estimated £386,072.

This is based on house price inflation of 60.9%, between February 2012 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 60.9% inflationary increase is applied to the most recent sale price for 17 FERN CLOSE of £240,000 on 10th February 2012. For the value to have increased from £240,000 to £386,072 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 17 FERN CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 17 FERN CLOSE has not materially changed since February 2012.

How Large is 17 FERN CLOSE?

17 FERN CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in May 2011. 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 17 FERN CLOSE lies on this distribution: 15% of detached houses houses are smaller than 17 FERN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Southwell.

17 FERN CLOSE: Plot and Title Map

17 FERN CLOSE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 17 FERN CLOSE, 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 FERN CLOSE). 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 FERN CLOSE?

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