7, MONCKTON DRIVE, SOUTHWELL, NG25 0AW - £318,000

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.

7 MONCKTON DRIVE is a large extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £447,041. It was last sold for £318,000 in March 2017, which was around 27% above the average March 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

7 MONCKTON DRIVE Sold Prices

Land registry data shows two sales for 7 MONCKTON 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 7 MONCKTON DRIVE 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
2017 10 MAR	£318,000	£250,388	27% above HPI
1997 23 JUL	£100,000	£82,420	21% above HPI

7 MONCKTON 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 7 MONCKTON DRIVE sales from July 1997 and March 2017 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 July 1997 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2017 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 7 MONCKTON DRIVE be worth now?

7 MONCKTON DRIVE might now be worth an estimated £447,041.

This is based on house price inflation of 40.6%, between March 2017 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 40.6% inflationary increase is applied to the most recent sale price for 7 MONCKTON DRIVE of £318,000 on 10th March 2017. For the value to have increased from £318,000 to £447,041 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 7 MONCKTON DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2017 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MONCKTON DRIVE has not materially changed since March 2017.

How Large is 7 MONCKTON DRIVE?

7 MONCKTON DRIVE is 137m², which includes four extensions, according to the EPC inspection conducted in March 2016. 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 7 MONCKTON DRIVE lies on this distribution: 67% of detached houses houses are smaller than 7 MONCKTON DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Southwell.

7 MONCKTON DRIVE: Plot and Title Map

7 MONCKTON DRIVE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 7 MONCKTON 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 7 MONCKTON 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 7 MONCKTON DRIVE?

7 MONCKTON DRIVE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 7 on MONCKTON DRIVE.