6, CRAFTS WAY, SOUTHWELL, NG25 0BL - £545,000

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

6 CRAFTS WAY is a very large extended detached house of 188m², built sometime between 1967 and 1975. It was last sold for £545,000 in March 2022, which was around 73% above the average March 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

6 CRAFTS WAY Sold Prices

Land registry data shows two sales for 6 CRAFTS WAY 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 6 CRAFTS WAY 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
2022 29 MAR	£545,000	£314,451	73% above HPI
1996 14 NOV	£78,500	£72,490	8% above HPI

6 CRAFTS WAY 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 6 CRAFTS WAY sales from November 1996 and March 2022 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 November 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2022 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 6 CRAFTS WAY?

6 CRAFTS WAY is 188m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 6 CRAFTS WAY lies on this distribution: 89% of detached houses are smaller than 6 CRAFTS WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Southwell.

6 CRAFTS WAY: Plot and Title Map

6 CRAFTS WAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 6 CRAFTS WAY, 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 6 CRAFTS WAY). 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 6 CRAFTS WAY?

6 CRAFTS WAY is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 6 on CRAFTS WAY.