4, PALMERS COURT, SOUTHWELL, NG25 0JG - £250,000

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.

4 PALMERS COURT is a small detached house of 104m², built sometime between 2003 and 2006, which could now be worth an estimated £398,409. It was last sold for £250,000 in September 2006, which was around 13% above the average September 2006 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

4 PALMERS COURT Sold Prices

Land registry data shows two sales for 4 PALMERS COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 4 PALMERS COURT 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
2006 22 SEP	£250,000	£220,874	13% above HPI
2004 23 JAN	£219,995	£187,206	18% above HPI

4 PALMERS COURT 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 two 4 PALMERS COURT sales from January 2004 and September 2006 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 January 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2006 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 PALMERS COURT be worth now?

4 PALMERS COURT might now be worth an estimated £398,409.

This is based on house price inflation of 59.4%, between September 2006 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 59.4% inflationary increase is applied to the most recent sale price for 4 PALMERS COURT of £250,000 on 22nd September 2006. For the value to have increased from £250,000 to £398,409 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 PALMERS COURT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2006 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PALMERS COURT has not materially changed since September 2006.

How Large is 4 PALMERS COURT?

4 PALMERS COURT is 104m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% 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 4 PALMERS COURT lies on this distribution: 36% of detached houses houses are smaller than 4 PALMERS COURT, and 64% of houses are larger. Note that EPC data is not available for all properties in Southwell.

4 PALMERS COURT: Plot and Title Map

4 PALMERS COURT sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 4 PALMERS COURT, 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 4 PALMERS COURT). 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 4 PALMERS COURT?

4 PALMERS COURT is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 4 on PALMERS COURT.