9, PINEWOOD CLOSE, SOUTHWELL, NG25 0DD - £223,000

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.

9 PINEWOOD CLOSE is a very small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £334,935. It was last sold for £223,000 in August 2014, which was around 5% below the average August 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

9 PINEWOOD CLOSE Sold Prices

Land registry data shows three sales for 9 PINEWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 9 PINEWOOD CLOSE 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
2014 22 AUG	£223,000	£234,357	5% below HPI
2006 29 NOV	£213,000	£218,163	2% below HPI
2000 20 OCT	£82,000	£104,651	22% below HPI

9 PINEWOOD CLOSE 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 three 9 PINEWOOD CLOSE sales between October 2000 and August 2014 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 9 PINEWOOD CLOSE be worth now?

9 PINEWOOD CLOSE might now be worth an estimated £334,935.

This is based on house price inflation of 50.2%, between August 2014 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 50.2% inflationary increase is applied to the most recent sale price for 9 PINEWOOD CLOSE of £223,000 on 22nd August 2014. For the value to have increased from £223,000 to £334,935 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 9 PINEWOOD CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2014 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PINEWOOD CLOSE has not materially changed since August 2014.

How Large is 9 PINEWOOD CLOSE?

9 PINEWOOD CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% 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 9 PINEWOOD CLOSE lies on this distribution: 12% of detached houses houses are smaller than 9 PINEWOOD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Southwell.

9 PINEWOOD CLOSE: Plot and Title Map

9 PINEWOOD CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 9 PINEWOOD CLOSE, 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 9 PINEWOOD CLOSE). 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 9 PINEWOOD CLOSE?

9 PINEWOOD CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 9 on PINEWOOD CLOSE.