12, TEMPLEMANS WAY, SOUTHWELL, NG25 0EF - £410,000

12 TEMPLEMANS WAY is a midsized extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £410,000 in August 2021, which was around 38% above the average August 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

12 TEMPLEMANS WAY Sold Prices

Land registry data shows two sales for 12 TEMPLEMANS WAY 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 12 TEMPLEMANS WAY 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
2021 25 AUG	£410,000	£297,040	38% above HPI
1999 3 AUG	£128,000	£87,863	46% above HPI

12 TEMPLEMANS WAY 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 12 TEMPLEMANS WAY sales from August 1999 and August 2021 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 August 1999 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2021 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 12 TEMPLEMANS WAY?

12 TEMPLEMANS WAY is 116m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 12 TEMPLEMANS WAY lies on this distribution: 46% of detached houses are smaller than 12 TEMPLEMANS WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Southwell.

12 TEMPLEMANS WAY: Plot and Title Map

12 TEMPLEMANS WAY sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 12 TEMPLEMANS WAY, 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 12 TEMPLEMANS WAY). 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 12 TEMPLEMANS WAY?

12 TEMPLEMANS WAY is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 12 on TEMPLEMANS WAY.