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

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

20 FERN CLOSE is a midsized extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £425,000 in January 2022, which was around 34% 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 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
2022 12 JAN	£425,000	£316,748	34% above HPI
2013 22 NOV	£207,500	£203,347	2% above HPI
2007 21 SEP	£233,000	£229,538	2% above HPI
2000 14 JAN	£78,000	£90,214	14% 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% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2022 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

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 50% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 20 FERN CLOSE lies on this distribution: 40% of detached 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.