5, RIVERSIDE, SOUTHWELL, NG25 0HA - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 RIVERSIDE is a large detached house of 130m², built sometime between 1976 and 1982, which could now be worth an estimated £493,444. It was last sold for £320,000 in February 2015, which was around 37% above the average February 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was C.

5 RIVERSIDE Sold Prices

Land registry data shows three sales for 5 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 5 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
2015 20 FEB	£320,000	£232,831	37% above HPI
2009 3 DEC	£293,500	£212,391	38% above HPI
2003 6 JAN	£222,500	£159,918	39% above HPI

5 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 5 RIVERSIDE sales between January 2003 and February 2015 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 December 2009 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2015 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 5 RIVERSIDE be worth now?

5 RIVERSIDE might now be worth an estimated £493,444.

This is based on house price inflation of 54.2%, between February 2015 and December 2024, 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 54.2% inflationary increase is applied to the most recent sale price for 5 RIVERSIDE of £320,000 on 20th February 2015. For the value to have increased from £320,000 to £493,444 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 5 RIVERSIDE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2015 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIVERSIDE has not materially changed since February 2015.

How Large is 5 RIVERSIDE?

5 RIVERSIDE is 130m² according to the EPC inspection conducted in July 2009. This puts it in the largest 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 5 RIVERSIDE lies on this distribution: 60% of detached houses houses are smaller than 5 RIVERSIDE, and 40% of houses are larger. Note that EPC data is not available for all properties in Southwell.

5 RIVERSIDE: Plot and Title Map

5 RIVERSIDE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 5 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 5 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 5 RIVERSIDE?

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