NORTHWELL HOUSE, 6, WILLOUGHBY COURT, NORWELL, NEWARK, NG23 6JJ - £495,000

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

NORTHWELL HOUSE is a very large detached house of 238m², built sometime between 2003 and 2006. It was last sold for £495,000 in April 2007, which was around 129% above the average April 2007 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

NORTHWELL HOUSE Sold Prices

Land registry data shows two sales for NORTHWELL HOUSE 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 NORTHWELL HOUSE 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
2007 27 APR	£495,000	£216,282	129% above HPI
2005 3 MAY	£475,000	£204,360	132% above HPI

NORTHWELL HOUSE 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 NORTHWELL HOUSE sales from May 2005 and April 2007 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 May 2005 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the April 2007 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.

How Large is NORTHWELL HOUSE?

NORTHWELL HOUSE is 238m² according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Norwell, based on EPC data. The below chart shows the distribution of detached houses by size in Norwell, and where NORTHWELL HOUSE lies on this distribution: 90% of detached houses are smaller than NORTHWELL HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Norwell.

NORTHWELL HOUSE: Plot and Title Map

NORTHWELL HOUSE sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of NORTHWELL HOUSE, 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 NORTHWELL HOUSE). 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 NORTHWELL HOUSE?

NORTHWELL HOUSE is located on WILLOUGHBY COURT in NORWELL, in the NG23 postcode district. The below map shows the position of NORTHWELL HOUSE on WILLOUGHBY COURT.