5, PINEWOOD CLOSE, SOUTHWELL, NG25 0DD - £235,000

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

5 PINEWOOD CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £235,000 in August 2014, which was around 4% above the average August 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

5 PINEWOOD CLOSE Sold Prices

Land registry data shows four sales for 5 PINEWOOD CLOSE 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. Most of the four 5 PINEWOOD CLOSE sales were for below 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 28 AUG	£235,000	£225,122	4% above HPI
2005 6 MAY	£168,000	£204,360	18% below HPI
1999 6 DEC	£82,000	£89,690	9% below HPI
1995 17 MAR	£65,000	£68,531	5% below HPI

5 PINEWOOD CLOSE 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 5 PINEWOOD CLOSE sales between March 1995 and August 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 May 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 5 PINEWOOD CLOSE?

5 PINEWOOD CLOSE is 70m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 5 PINEWOOD CLOSE lies on this distribution: 7% of detached houses are smaller than 5 PINEWOOD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Southwell.

5 PINEWOOD CLOSE: Plot and Title Map

5 PINEWOOD CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 PINEWOOD CLOSE, 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 5 PINEWOOD CLOSE). 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 5 PINEWOOD CLOSE?

5 PINEWOOD CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 5 on PINEWOOD CLOSE.