7, RIVERSIDE, SOUTHWELL, NG25 0HA - £460,000

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

7 RIVERSIDE is a very large extended detached house of 164m², built sometime between 1983 and 1990. It was last sold for £460,000 in May 2021, which was around 61% above the average May 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was C.

7 RIVERSIDE Sold Prices

Land registry data shows two sales for 7 RIVERSIDE 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 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
2021 14 MAY	£460,000	£286,176	61% above HPI
2004 29 APR	£276,000	£181,908	52% above HPI

7 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 two 7 RIVERSIDE sales from April 2004 and May 2021 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 April 2004 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the May 2021 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 7 RIVERSIDE?

7 RIVERSIDE is 164m², which includes four extensions, according to the EPC inspection conducted in December 2020. 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 7 RIVERSIDE lies on this distribution: 82% of detached houses are smaller than 7 RIVERSIDE, and 18% of houses are larger. Note that EPC data is not available for all properties in Southwell.

7 RIVERSIDE: Plot and Title Map

7 RIVERSIDE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 7 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 7 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 7 RIVERSIDE?

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