19, WESTGATE, SOUTHWELL, NG25 0JN - £229,950

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

19 WESTGATE is a very small extended detached house of 74m², built sometime before 1900. It was last sold for £229,950 in May 2016, which was around 5% below the average May 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

19 WESTGATE Sold Prices

Land registry data shows two sales for 19 WESTGATE 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 19 WESTGATE sales were 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
2016 20 MAY	£229,950	£241,520	5% below HPI
2004 1 NOV	£135,000	£200,478	33% below HPI

19 WESTGATE 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 19 WESTGATE sales from November 2004 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 November 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 19 WESTGATE?

19 WESTGATE is 74m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 19 WESTGATE lies on this distribution: 9% of detached houses are smaller than 19 WESTGATE, and 90% of houses are larger. Note that EPC data is not available for all properties in Southwell.

19 WESTGATE: Plot and Title Map

19 WESTGATE sits on a plot of roughly 0.017 of an acre, or 68m². The below map shows the location of 19 WESTGATE, 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 19 WESTGATE). 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 19 WESTGATE?

19 WESTGATE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 19 on WESTGATE.