CHILTERNS, MICKLEBARROW CLOSE, SOUTHWELL, NG25 0LU - £379,950

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

CHILTERNS is a small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £470,458. It was last sold for £379,950 in September 2020, which was around 31% above the average September 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

CHILTERNS Sold Prices

Land registry data shows three sales for CHILTERNS 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 CHILTERNS 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 24 SEP	£379,950	£289,957	31% above HPI
2004 1 JUN	£235,000	£196,298	20% above HPI
2001 14 DEC	£149,950	£117,634	27% above HPI

CHILTERNS 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 CHILTERNS sales between December 2001 and September 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 June 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2020 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might CHILTERNS be worth now?

CHILTERNS might now be worth an estimated £470,458.

This is based on house price inflation of 23.8%, between September 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 23.8% inflationary increase is applied to the most recent sale price for CHILTERNS of £379,950 on 24th September 2020. For the value to have increased from £379,950 to £470,458 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of CHILTERNS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2020 sale price of £379,950 represented a fair market value for the property.
• The size, condition, and specification of CHILTERNS has not materially changed since September 2020.

How Large is CHILTERNS?

CHILTERNS is 99m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 CHILTERNS lies on this distribution: 30% of detached houses houses are smaller than CHILTERNS, and 69% of houses are larger. Note that EPC data is not available for all properties in Southwell.

CHILTERNS: Plot and Title Map

CHILTERNS sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of CHILTERNS, 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 CHILTERNS). 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 CHILTERNS?

CHILTERNS is located on MICKLEBARROW CLOSE in SOUTHWELL, in the NG25 postcode district. The below map shows the position of CHILTERNS on MICKLEBARROW CLOSE.