BURGAGE PADDOCK, BURGAGE LANE, SOUTHWELL, NG25 0ER - £1,200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BURGAGE PADDOCK is a very large detached house of 367m², built sometime between 1983 and 1990, which could now be worth an estimated £1,422,039. It was last sold for £1,200,000 in December 2020, which was around 296% above the average December 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

BURGAGE PADDOCK Sold Prices

Land registry data shows two sales for BURGAGE PADDOCK 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 BURGAGE PADDOCK 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
2020 21 DEC	£1,200,000	£302,969	296% above HPI
2005 1 SEP	£690,000	£215,793	220% above HPI

BURGAGE PADDOCK 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 BURGAGE PADDOCK sales from September 2005 and December 2020 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 September 2005 sale was for 220% above the HPI. So the extrapolation line tracks at 220% above the HPI over time, until the December 2020 sale, where it rises to 296% above the HPI. The line then continues to track at 296% above the HPI.

What might BURGAGE PADDOCK be worth now?

BURGAGE PADDOCK might now be worth an estimated £1,422,039.

This is based on house price inflation of 18.5%, between December 2020 and December 2024, 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 18.5% inflationary increase is applied to the most recent sale price for BURGAGE PADDOCK of £1,200,000 on 21st December 2020. For the value to have increased from £1,200,000 to £1,422,039 over the four years to December 2024, the following assumptions must hold true:

• The value of BURGAGE PADDOCK has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2020 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of BURGAGE PADDOCK has not materially changed since December 2020.

How Large is BURGAGE PADDOCK?

BURGAGE PADDOCK is 367m² according to the EPC inspection conducted in September 2022. This puts it in the largest 10% 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 BURGAGE PADDOCK lies on this distribution: 99% of detached houses houses are smaller than BURGAGE PADDOCK, and 1% of houses are larger. Note that EPC data is not available for all properties in Southwell.

BURGAGE PADDOCK: Plot and Title Map

BURGAGE PADDOCK sits on a plot of roughly 0.783 of an acre, or 3,168m². The below map shows the location of BURGAGE PADDOCK, 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 BURGAGE PADDOCK). 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 BURGAGE PADDOCK?

BURGAGE PADDOCK is located on BURGAGE LANE in SOUTHWELL, in the NG25 postcode district. The below map shows the position of BURGAGE PADDOCK on BURGAGE LANE.