14, LEEKS CLOSE, SOUTHWELL, NG25 0BA - £20,000

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.

14 LEEKS CLOSE is a very small semi-detached house of 53m², built sometime between 1976 and 1982, which could now be worth an estimated £35,160. It was last sold for £20,000 in December 2008, which was around 83% below the average December 2008 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

14 LEEKS CLOSE Sold Prices

Land registry data shows two sales for 14 LEEKS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 14 LEEKS CLOSE sales 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
2008 16 DEC	£20,000	£117,038	83% below HPI
2002 27 MAR	£41,000	£59,563	31% below HPI

14 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 two 14 LEEKS CLOSE sales from March 2002 and December 2008 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 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2008 sale, where it falls to 83% below the HPI. The line then continues to track at 83% below the HPI.

What might 14 LEEKS CLOSE be worth now?

14 LEEKS CLOSE might now be worth an estimated £35,160.

This is based on house price inflation of 75.8%, between December 2008 and February 2025, 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 75.8% inflationary increase is applied to the most recent sale price for 14 LEEKS CLOSE of £20,000 on 16th December 2008. For the value to have increased from £20,000 to £35,160 over the seventeen years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 LEEKS CLOSE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The December 2008 sale price of £20,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LEEKS CLOSE has not materially changed since December 2008.

How Large is 14 LEEKS CLOSE?

14 LEEKS CLOSE is 53m² according to the EPC inspection conducted in September 2017. 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 14 LEEKS CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 14 LEEKS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Southwell.

14 LEEKS CLOSE: Plot and Title Map

14 LEEKS CLOSE sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 14 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 14 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 14 LEEKS CLOSE?

14 LEEKS CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 14 on LEEKS CLOSE.