38, RIVERSIDE, SOUTHWELL, NG25 0HA - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 RIVERSIDE is a midsized detached house of 121m², built sometime between 1983 and 1990. It was last sold for £315,000 in January 2016, which was around 35% above the average January 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

38 RIVERSIDE Sold Prices

Land registry data shows three sales for 38 RIVERSIDE 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 38 RIVERSIDE 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
2016 22 JAN	£315,000	£233,500	35% above HPI
2008 15 AUG	£275,000	£218,652	26% above HPI
1998 3 JUN	£110,000	£81,262	35% above HPI

38 RIVERSIDE 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 38 RIVERSIDE sales between June 1998 and January 2016 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 2008 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2016 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 38 RIVERSIDE?

38 RIVERSIDE is 121m² according to the EPC inspection conducted in June 2010. This puts it in the largest 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 38 RIVERSIDE lies on this distribution: 51% of detached houses are smaller than 38 RIVERSIDE, and 49% of houses are larger. Note that EPC data is not available for all properties in Southwell.

38 RIVERSIDE: Plot and Title Map

38 RIVERSIDE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 38 RIVERSIDE, 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 38 RIVERSIDE). 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 38 RIVERSIDE?

38 RIVERSIDE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 38 on RIVERSIDE.