196, NORWOOD GARDENS, SOUTHWELL, NG25 0DS - £237,500

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.

196 NORWOOD GARDENS is a small extended terraced house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £310,260. It was last sold for £237,500 in February 2018, which was around 81% above the average February 2018 terraced price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

196 NORWOOD GARDENS Sold Prices

Land registry data shows three sales for 196 NORWOOD GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 196 NORWOOD GARDENS 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
2018 8 FEB	£237,500	£130,935	81% above HPI
2007 7 FEB	£162,000	£110,108	47% above HPI
2004 4 FEB	£95,800	£82,826	16% above HPI

196 NORWOOD GARDENS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 196 NORWOOD GARDENS sales between February 2004 and February 2018 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 February 2007 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the February 2018 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 196 NORWOOD GARDENS be worth now?

196 NORWOOD GARDENS might now be worth an estimated £310,260.

This is based on house price inflation of 30.6%, between February 2018 and July 2025, for terraced 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 30.6% inflationary increase is applied to the most recent sale price for 196 NORWOOD GARDENS of £237,500 on 8th February 2018. For the value to have increased from £237,500 to £310,260 over the six years and seven months to July 2025, the following assumptions must hold true:

• The value of 196 NORWOOD GARDENS has moved in line with the HPI for terraced houses in the Newark and Sherwood local authority area.
• The February 2018 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 196 NORWOOD GARDENS has not materially changed since February 2018.

How Large is 196 NORWOOD GARDENS?

196 NORWOOD GARDENS is 99m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of terraced houses houses in Southwell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southwell, and where 196 NORWOOD GARDENS lies on this distribution: 30% of terraced houses houses are smaller than 196 NORWOOD GARDENS, and 69% of houses are larger. Note that EPC data is not available for all properties in Southwell.

196 NORWOOD GARDENS: Plot and Title Map

196 NORWOOD GARDENS sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 196 NORWOOD GARDENS, 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 196 NORWOOD GARDENS). 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 196 NORWOOD GARDENS?

196 NORWOOD GARDENS is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 196 on NORWOOD GARDENS.