3, FERN CLOSE, SOUTHWELL, NG25 0DB - £282,500

3 FERN CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £282,500 in October 2020, which was around 1% below the average October 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

3 FERN CLOSE Sold Prices

Land registry data shows six sales for 3 FERN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. The six 3 FERN CLOSE sales were a mix of below the average price, and roughly equal to 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
2020 5 OCT	£282,500	£284,793	1% below HPI
2017 15 AUG	£250,000	£253,758	1% below HPI
1999 12 AUG	£80,000	£87,863	9% below HPI
1999 23 JUL	£79,000	£85,619	8% below HPI
1998 6 FEB	£77,000	£76,845	Close to HPI
1996 6 DEC	£54,000	£72,320	25% below HPI

3 FERN 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 six 3 FERN CLOSE sales between December 1996 and October 2020 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 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2020 sale, which was also at 1% below the HPI.

How Large is 3 FERN CLOSE?

3 FERN CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 3 FERN CLOSE lies on this distribution: 27% of detached houses are smaller than 3 FERN CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Southwell.

3 FERN CLOSE: Plot and Title Map

3 FERN CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 3 FERN 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 3 FERN 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 3 FERN CLOSE?

3 FERN CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 3 on FERN CLOSE.