20, FERN CLOSE, SOUTHWELL, NG25 0DB - £425,000

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.

20 FERN CLOSE is a small extended detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £453,682. It was last sold for £425,000 in January 2022, which was around 29% above the average January 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

20 FERN CLOSE Sold Prices

Land registry data shows four sales for 20 FERN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the four 20 FERN CLOSE 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
2022 12 JAN	£425,000	£329,740	29% above HPI
2013 22 NOV	£207,500	£211,688	2% below HPI
2007 21 SEP	£233,000	£238,953	2% below HPI
2000 14 JAN	£78,000	£93,915	17% below HPI

20 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 four 20 FERN CLOSE sales between January 2000 and January 2022 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 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 20 FERN CLOSE be worth now?

20 FERN CLOSE might now be worth an estimated £453,682.

This is based on house price inflation of 6.7%, between January 2022 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 6.7% inflationary increase is applied to the most recent sale price for 20 FERN CLOSE of £425,000 on 12th January 2022. For the value to have increased from £425,000 to £453,682 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 20 FERN CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The January 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 20 FERN CLOSE has not materially changed since January 2022.

How Large is 20 FERN CLOSE?

20 FERN CLOSE is 109m², which includes three extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 20 FERN CLOSE lies on this distribution: 40% of detached houses houses are smaller than 20 FERN CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Southwell.

20 FERN CLOSE: Plot and Title Map

20 FERN CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 20 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 20 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 20 FERN CLOSE?

20 FERN CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 20 on FERN CLOSE.