4, THE JUBILEE, SOUTHWELL, NG25 0FP - £325,000

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 THE JUBILEE is a small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £416,014. It was last sold for £325,000 in June 2019, which was around 18% above the average June 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

4 THE JUBILEE Sold Prices

Land registry data shows two sales for 4 THE JUBILEE 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 THE JUBILEE 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
2019 24 JUN	£325,000	£274,985	18% above HPI
2009 13 FEB	£249,950	£214,175	17% above HPI

4 THE JUBILEE 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 THE JUBILEE sales from February 2009 and June 2019 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 February 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2019 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 4 THE JUBILEE be worth now?

4 THE JUBILEE might now be worth an estimated £416,014.

This is based on house price inflation of 28%, between June 2019 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 28% inflationary increase is applied to the most recent sale price for 4 THE JUBILEE of £325,000 on 24th June 2019. For the value to have increased from £325,000 to £416,014 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 4 THE JUBILEE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE JUBILEE has not materially changed since June 2019.

How Large is 4 THE JUBILEE?

4 THE JUBILEE is 91m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% 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 THE JUBILEE lies on this distribution: 22% of detached houses houses are smaller than 4 THE JUBILEE, and 77% of houses are larger. Note that EPC data is not available for all properties in Southwell.

4 THE JUBILEE: Plot and Title Map

4 THE JUBILEE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 4 THE JUBILEE, 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 THE JUBILEE). 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 THE JUBILEE?

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