10, LEEKS CLOSE, SOUTHWELL, NG25 0BA - £195,000

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.

10 LEEKS CLOSE is a very small semi-detached house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £259,971. It was last sold for £195,000 in October 2017, which was around 24% above the average October 2017 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

10 LEEKS CLOSE Sold Prices

Land registry data shows three sales for 10 LEEKS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the three 10 LEEKS CLOSE sales was for above the average price, whilst two were for below 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
2017 6 OCT	£195,000	£157,025	24% above HPI
2017 1 MAR	£140,000	£141,702	1% below HPI
2008 16 DEC	£20,000	£117,038	83% below HPI

10 LEEKS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 10 LEEKS CLOSE sales between December 2008 and October 2017 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 March 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2017 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 10 LEEKS CLOSE be worth now?

10 LEEKS CLOSE might now be worth an estimated £259,971.

This is based on house price inflation of 33.3%, between October 2017 and May 2026, for semi-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 33.3% inflationary increase is applied to the most recent sale price for 10 LEEKS CLOSE of £195,000 on 6th October 2017. For the value to have increased from £195,000 to £259,971 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 10 LEEKS CLOSE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The October 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LEEKS CLOSE has not materially changed since October 2017.

How Large is 10 LEEKS CLOSE?

10 LEEKS CLOSE is 53m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of semi-detached houses houses in Southwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southwell, and where 10 LEEKS CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 10 LEEKS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Southwell.

10 LEEKS CLOSE: Plot and Title Map

10 LEEKS CLOSE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 10 LEEKS CLOSE, 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 10 LEEKS CLOSE). 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 10 LEEKS CLOSE?

10 LEEKS CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 10 on LEEKS CLOSE.