2, PINEWOOD CLOSE, SOUTHWELL, NG25 0DD - £324,000

2 PINEWOOD CLOSE is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £324,000 in January 2021, which was around 11% above the average January 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

2 PINEWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 PINEWOOD CLOSE 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 2 PINEWOOD CLOSE 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 14 JAN	£324,000	£292,485	11% above HPI
2016 18 MAR	£250,000	£235,071	6% above HPI

2 PINEWOOD CLOSE 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 2 PINEWOOD CLOSE sales from March 2016 and January 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 March 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 PINEWOOD CLOSE?

2 PINEWOOD CLOSE is 95m², which includes three extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 2 PINEWOOD CLOSE lies on this distribution: 28% of detached houses are smaller than 2 PINEWOOD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Southwell.

2 PINEWOOD CLOSE: Plot and Title Map

2 PINEWOOD CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 PINEWOOD 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 2 PINEWOOD 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 2 PINEWOOD CLOSE?

2 PINEWOOD CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 2 on PINEWOOD CLOSE.