STONE STACKS, NEWARK ROAD, SOUTHWELL, NG25 0ES - £1,200,000

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

STONE STACKS is a very large extended detached house of 281m², built sometime between 1950 and 1966. It was last sold for £1,200,000 in October 2020, which was around 321% above the average October 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

STONE STACKS Sold Prices

Land registry data shows two sales for STONE STACKS 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 STONE STACKS 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 1 OCT	£1,200,000	£284,793	321% above HPI
2016 13 MAY	£522,000	£241,520	116% above HPI

STONE STACKS 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 STONE STACKS sales from May 2016 and October 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 May 2016 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the October 2020 sale, where it rises to 321% above the HPI. The line then continues to track at 321% above the HPI.

How Large is STONE STACKS?

STONE STACKS is 281m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where STONE STACKS lies on this distribution: 97% of detached houses are smaller than STONE STACKS, and 3% of houses are larger. Note that EPC data is not available for all properties in Southwell.

STONE STACKS: Plot and Title Map

STONE STACKS sits on a plot of roughly 0.780 of an acre, or 3,155m². The below map shows the location of STONE STACKS, 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 STONE STACKS). 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 STONE STACKS?

STONE STACKS is located on NEWARK ROAD in SOUTHWELL, in the NG25 postcode district. The below map shows the position of STONE STACKS on NEWARK ROAD.