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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

STONE STACKS is a very large extended detached house of 281m², built sometime between 1950 and 1966, which could now be worth an estimated £1,424,712. It was last sold for £1,200,000 in October 2020, which was around 305% 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	£296,475	305% above HPI
2016 13 MAY	£522,000	£251,427	108% 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 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the October 2020 sale, where it rises to 305% above the HPI. The line then continues to track at 305% above the HPI.

What might STONE STACKS be worth now?

STONE STACKS might now be worth an estimated £1,424,712.

This is based on house price inflation of 18.7%, between October 2020 and February 2025, 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 18.7% inflationary increase is applied to the most recent sale price for STONE STACKS of £1,200,000 on 1st October 2020. For the value to have increased from £1,200,000 to £1,424,712 over the five years and eight months to February 2025, the following assumptions must hold true:

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

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 houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southwell, and where STONE STACKS lies on this distribution: 97% of detached houses 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.