2, CANONS CLOSE, SOUTHWELL, NG25 0GA - £965,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 CANONS CLOSE is a very large extended detached house of 282m², built sometime between 1991 and 1995. It was last sold for £965,000 in April 2021, which was around 238% above the average April 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was C.

2 CANONS CLOSE Sold Prices

Land registry data shows three sales for 2 CANONS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 CANONS CLOSE 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
2021 13 APR	£965,000	£285,619	238% above HPI
2011 21 SEP	£675,000	£204,438	230% above HPI
2001 31 MAY	£303,750	£98,095	210% above HPI

2 CANONS 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 three 2 CANONS CLOSE sales between May 2001 and April 2021 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 2011 sale was for 230% above the HPI. So the extrapolation line tracks at 230% above the HPI over time, until the April 2021 sale, where it rises to 238% above the HPI. The line then continues to track at 238% above the HPI.

How Large is 2 CANONS CLOSE?

2 CANONS CLOSE is 282m², which includes four extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 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 2 CANONS CLOSE lies on this distribution: 97% of detached houses are smaller than 2 CANONS CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Southwell.

2 CANONS CLOSE: Plot and Title Map

2 CANONS CLOSE sits on a plot of roughly 0.351 of an acre, or 1,419m². The below map shows the location of 2 CANONS 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 2 CANONS 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 2 CANONS CLOSE?

2 CANONS CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 2 on CANONS CLOSE.