5, FERN CLOSE, SOUTHWELL, NG25 0DB - £148,500

5 FERN CLOSE is a large extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £148,500 in August 2002, which was around 6% above the average August 2002 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

5 FERN CLOSE Sold Prices

Land registry data shows three sales for 5 FERN CLOSE 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 5 FERN 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
2002 2 AUG	£148,500	£139,971	6% above HPI
2000 10 FEB	£99,000	£88,774	12% above HPI
1996 12 DEC	£80,000	£72,320	11% above HPI

5 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 three 5 FERN CLOSE sales between December 1996 and August 2002 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 2000 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2002 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 5 FERN CLOSE?

5 FERN CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 5 FERN CLOSE lies on this distribution: 64% of detached houses are smaller than 5 FERN CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Southwell.

5 FERN CLOSE: Plot and Title Map

5 FERN CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 5 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 5 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 5 FERN CLOSE?

5 FERN CLOSE is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 5 on FERN CLOSE.