SOUTH VIEW, VICARAGE ROAD, SOUTH CLIFTON, NEWARK, NG23 7AQ - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SOUTH VIEW is a midsized extended detached house of 155m², built sometime between 1983 and 1990. It was last sold for £200,000 in September 2010, which was around 5% below the average September 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

SOUTH VIEW Sold Prices

Land registry data shows three sales for SOUTH VIEW 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. One of the three SOUTH VIEW sales was for below the average price, whilst two 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
2010 3 SEP	£200,000	£210,020	5% below HPI
2005 12 MAY	£212,000	£204,360	4% above HPI
1996 28 AUG	£84,500	£76,024	11% above HPI

SOUTH VIEW 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 SOUTH VIEW sales between August 1996 and September 2010 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2010 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is SOUTH VIEW?

SOUTH VIEW is 155m², which includes three extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses in South Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in South Clifton, and where SOUTH VIEW lies on this distribution: 50% of detached houses are smaller than SOUTH VIEW, and 50% of houses are larger. Note that EPC data is not available for all properties in South Clifton.

SOUTH VIEW: Plot and Title Map

SOUTH VIEW sits on a plot of roughly 0.155 of an acre, or 625m². The below map shows the location of SOUTH VIEW, 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 SOUTH VIEW). 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 SOUTH VIEW?

SOUTH VIEW is located on VICARAGE ROAD in SOUTH CLIFTON, in the NG23 postcode district. The below map shows the position of SOUTH VIEW on VICARAGE ROAD.