5, WOODLAND DRIVE, SOUTHWELL, NG25 0DA - £75,500

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.

5 WOODLAND DRIVE is a midsized extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £308,712. It was last sold for £75,500 in July 1998, which was around 12% below the average July 1998 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

5 WOODLAND DRIVE Sold Prices

Land registry data shows two sales for 5 WOODLAND DRIVE 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 5 WOODLAND DRIVE 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
1998 7 JUL	£75,500	£86,085	12% below HPI
1995 26 JUN	£72,250	£73,951	2% below HPI

5 WOODLAND DRIVE 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 5 WOODLAND DRIVE sales from June 1995 and July 1998 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 June 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 1998 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 WOODLAND DRIVE be worth now?

5 WOODLAND DRIVE might now be worth an estimated £308,712.

This is based on house price inflation of 308.9%, between July 1998 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 308.9% inflationary increase is applied to the most recent sale price for 5 WOODLAND DRIVE of £75,500 on 7th July 1998. For the value to have increased from £75,500 to £308,712 over the 27 years and five months to February 2025, the following assumptions must hold true:

• The value of 5 WOODLAND DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 1998 sale price of £75,500 represented a fair market value for the property.
• The size, condition, and specification of 5 WOODLAND DRIVE has not materially changed since July 1998.

How Large is 5 WOODLAND DRIVE?

5 WOODLAND DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% 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 WOODLAND DRIVE lies on this distribution: 46% of detached houses houses are smaller than 5 WOODLAND DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Southwell.

5 WOODLAND DRIVE: Plot and Title Map

5 WOODLAND DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 5 WOODLAND DRIVE, 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 WOODLAND DRIVE). 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 WOODLAND DRIVE?

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