53, SPRINGFIELD ROAD, SOUTHWELL, NG25 0BS - £304,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

53 SPRINGFIELD ROAD is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £304,500 in April 2024, which was around 6% below the average April 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

53 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 53 SPRINGFIELD ROAD 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 53 SPRINGFIELD ROAD 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
2024 23 APR	£304,500	£323,774	6% below HPI
2002 1 OCT	£126,000	£143,192	12% below HPI

53 SPRINGFIELD ROAD 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 53 SPRINGFIELD ROAD sales from October 2002 and April 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 October 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 53 SPRINGFIELD ROAD?

53 SPRINGFIELD ROAD is 70m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 53 SPRINGFIELD ROAD lies on this distribution: 7% of detached houses are smaller than 53 SPRINGFIELD ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Southwell.

53 SPRINGFIELD ROAD: Plot and Title Map

53 SPRINGFIELD ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 53 SPRINGFIELD ROAD, 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 53 SPRINGFIELD ROAD). 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 53 SPRINGFIELD ROAD?

53 SPRINGFIELD ROAD is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 53 on SPRINGFIELD ROAD.