26, TEMPLEMANS WAY, SOUTHWELL, NG25 0EF - £475,000

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.

26 TEMPLEMANS WAY is a very large extended detached house of 181m², built sometime between 1983 and 1990, which could now be worth an estimated £673,553. It was last sold for £475,000 in December 2015, which was around 91% above the average December 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

26 TEMPLEMANS WAY Sold Prices

Land registry data shows three sales for 26 TEMPLEMANS WAY 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 26 TEMPLEMANS WAY 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
2015 23 DEC	£475,000	£248,231	91% above HPI
2004 30 APR	£289,950	£189,370	53% above HPI
1995 3 AUG	£132,000	£76,778	72% above HPI

26 TEMPLEMANS WAY 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 26 TEMPLEMANS WAY sales between August 1995 and December 2015 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 April 2004 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2015 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 26 TEMPLEMANS WAY be worth now?

26 TEMPLEMANS WAY might now be worth an estimated £673,553.

This is based on house price inflation of 41.8%, between December 2015 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 41.8% inflationary increase is applied to the most recent sale price for 26 TEMPLEMANS WAY of £475,000 on 23rd December 2015. For the value to have increased from £475,000 to £673,553 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 26 TEMPLEMANS WAY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2015 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 26 TEMPLEMANS WAY has not materially changed since December 2015.

How Large is 26 TEMPLEMANS WAY?

26 TEMPLEMANS WAY is 181m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 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 26 TEMPLEMANS WAY lies on this distribution: 87% of detached houses houses are smaller than 26 TEMPLEMANS WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Southwell.

26 TEMPLEMANS WAY: Plot and Title Map

26 TEMPLEMANS WAY sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 26 TEMPLEMANS WAY, 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 26 TEMPLEMANS WAY). 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 26 TEMPLEMANS WAY?

26 TEMPLEMANS WAY is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 26 on TEMPLEMANS WAY.