45, THE ROPEWALK, SOUTHWELL, NG25 0AL - £587,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

45 THE ROPEWALK is a very large extended detached house of 176m², built sometime between 1976 and 1982. It was last sold for £587,000 in May 2024, which was around 78% above the average May 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

45 THE ROPEWALK Sold Prices

Land registry data shows two sales for 45 THE ROPEWALK 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 45 THE ROPEWALK 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
2024 31 MAY	£587,000	£329,541	78% above HPI
2010 17 FEB	£525,000	£202,266	160% above HPI

45 THE ROPEWALK 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 45 THE ROPEWALK sales from February 2010 and May 2024 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 2010 sale was for 160% above the HPI. So the extrapolation line tracks at 160% above the HPI over time, until the May 2024 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 45 THE ROPEWALK?

45 THE ROPEWALK is 176m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 45 THE ROPEWALK lies on this distribution: 86% of detached houses are smaller than 45 THE ROPEWALK, and 14% of houses are larger. Note that EPC data is not available for all properties in Southwell.

45 THE ROPEWALK: Plot and Title Map

45 THE ROPEWALK sits on a plot of roughly 0.230 of an acre, or 930m². The below map shows the location of 45 THE ROPEWALK, 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 45 THE ROPEWALK). 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 45 THE ROPEWALK?

45 THE ROPEWALK is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 45 on THE ROPEWALK.