7, WOODLAND DRIVE, SOUTHWELL, NG25 0DA - £285,000

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

7 WOODLAND DRIVE is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £285,000 in March 2021, which was around 2% below the average March 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 D, and the potential energy rating was C.

7 WOODLAND DRIVE Sold Prices

Land registry data shows two sales for 7 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. One of the two 7 WOODLAND DRIVE sales was for below the average price, whilst the other was 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 5 MAR	£285,000	£289,565	2% below HPI
2016 18 NOV	£255,000	£250,047	2% above HPI

7 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 7 WOODLAND DRIVE sales from November 2016 and March 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 November 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 WOODLAND DRIVE?

7 WOODLAND DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 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 WOODLAND DRIVE lies on this distribution: 11% of detached houses are smaller than 7 WOODLAND DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Southwell.

7 WOODLAND DRIVE: Plot and Title Map

7 WOODLAND DRIVE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 7 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 7 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 7 WOODLAND DRIVE?

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