2, WANDS CLOSE, SOUTHWELL, NG25 0JT - £260,000

2 WANDS CLOSE is a very large extended detached house of 170m², built sometime between 1967 and 1975. It was last sold for £260,000 in June 2006, which was around 25% above the average June 2006 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was C.

2 WANDS CLOSE Sold Prices

Land registry data shows two sales for 2 WANDS 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 WANDS 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
2006 30 JUN	£260,000	£207,227	25% above HPI
1998 31 JUL	£116,000	£82,693	40% above HPI

2 WANDS 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 WANDS CLOSE sales from July 1998 and June 2006 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 July 1998 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2006 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 2 WANDS CLOSE?

2 WANDS CLOSE is 170m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 20% 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 WANDS CLOSE lies on this distribution: 84% of detached houses are smaller than 2 WANDS CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Southwell.

2 WANDS CLOSE: Plot and Title Map

2 WANDS CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 WANDS 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 WANDS 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 WANDS CLOSE?

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