4, MARRISON WAY, SOUTHWELL, NG25 0ED - £475,000

4 MARRISON WAY is a midsized extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £475,000 in November 2017, which was around 80% above the average November 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

4 MARRISON WAY Sold Prices

Land registry data shows three sales for 4 MARRISON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 4 MARRISON WAY 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
2017 30 NOV	£475,000	£264,247	80% above HPI
2015 30 OCT	£319,000	£239,424	33% above HPI
1996 25 NOV	£124,100	£72,490	71% above HPI

4 MARRISON WAY 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 three 4 MARRISON WAY sales between November 1996 and November 2017 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 October 2015 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the November 2017 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 4 MARRISON WAY?

4 MARRISON WAY is 123m², which includes three extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 4 MARRISON WAY lies on this distribution: 54% of detached houses are smaller than 4 MARRISON WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Southwell.

4 MARRISON WAY: Plot and Title Map

4 MARRISON WAY sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 4 MARRISON WAY, 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 4 MARRISON WAY). 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 4 MARRISON WAY?

4 MARRISON WAY is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 4 on MARRISON WAY.