28, MANOR CLOSE, SOUTHWELL, NG25 0AP - £212,000

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.

28 MANOR CLOSE is a very small detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £266,849. It was last sold for £212,000 in May 2020, which was around 24% below the average May 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

28 MANOR CLOSE Sold Prices

Land registry data shows three sales for 28 MANOR 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 28 MANOR 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
2020 21 MAY	£212,000	£279,643	24% below HPI
2008 12 MAR	£115,000	£222,126	48% below HPI
1998 15 MAY	£75,500	£83,276	9% below HPI

28 MANOR 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 28 MANOR CLOSE sales between May 1998 and May 2020 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 March 2008 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 28 MANOR CLOSE be worth now?

28 MANOR CLOSE might now be worth an estimated £266,849.

This is based on house price inflation of 25.9%, between May 2020 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 25.9% inflationary increase is applied to the most recent sale price for 28 MANOR CLOSE of £212,000 on 21st May 2020. For the value to have increased from £212,000 to £266,849 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 28 MANOR CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2020 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MANOR CLOSE has not materially changed since May 2020.

How Large is 28 MANOR CLOSE?

28 MANOR CLOSE is 62m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% 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 28 MANOR CLOSE lies on this distribution: 3% of detached houses houses are smaller than 28 MANOR CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Southwell.

28 MANOR CLOSE: Plot and Title Map

28 MANOR CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 28 MANOR 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 28 MANOR 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 28 MANOR CLOSE?

28 MANOR CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 28 on MANOR CLOSE.