28, NEWARK ROAD, SOUTHWELL, NG25 0ES - £270,000

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 NEWARK ROAD is a midsized detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £426,641. It was last sold for £270,000 in May 2014, which was around 21% above the average May 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

28 NEWARK ROAD Sold Prices

Land registry data shows four sales for 28 NEWARK ROAD 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. All of the four 28 NEWARK ROAD 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
2014 2 MAY	£270,000	£222,759	21% above HPI
2011 4 AUG	£250,000	£215,122	16% above HPI
2005 3 NOV	£245,000	£215,923	13% above HPI
2000 7 DEC	£122,000	£102,513	19% above HPI

28 NEWARK ROAD 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 28 NEWARK ROAD sales between December 2000 and May 2014 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 August 2011 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2014 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 28 NEWARK ROAD be worth now?

28 NEWARK ROAD might now be worth an estimated £426,641.

This is based on house price inflation of 58%, between May 2014 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 58% inflationary increase is applied to the most recent sale price for 28 NEWARK ROAD of £270,000 on 2nd May 2014. For the value to have increased from £270,000 to £426,641 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 28 NEWARK ROAD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2014 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 28 NEWARK ROAD has not materially changed since May 2014.

How Large is 28 NEWARK ROAD?

28 NEWARK ROAD is 114m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% 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 NEWARK ROAD lies on this distribution: 44% of detached houses houses are smaller than 28 NEWARK ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Southwell.

28 NEWARK ROAD: Plot and Title Map

28 NEWARK ROAD sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 28 NEWARK ROAD, 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 NEWARK ROAD). 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 NEWARK ROAD?

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