53, THE ROPEWALK, SOUTHWELL, NG25 0AL - £490,000

53 THE ROPEWALK is a very large extended detached house of 197m², built sometime between 1930 and 1949. It was last sold for £490,000 in February 2018, which was around 84% above the average February 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.

53 THE ROPEWALK Sold Prices

Land registry data shows three sales for 53 THE ROPEWALK 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 53 THE ROPEWALK 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
2018 8 FEB	£490,000	£266,918	84% above HPI
2006 24 NOV	£315,000	£209,567	50% above HPI
2005 27 MAY	£315,000	£204,360	54% above HPI

53 THE ROPEWALK 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 53 THE ROPEWALK sales between May 2005 and February 2018 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 November 2006 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2018 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 53 THE ROPEWALK?

53 THE ROPEWALK is 197m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 53 THE ROPEWALK lies on this distribution: 90% of detached houses are smaller than 53 THE ROPEWALK, and 10% of houses are larger. Note that EPC data is not available for all properties in Southwell.

53 THE ROPEWALK: Plot and Title Map

53 THE ROPEWALK sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 53 THE ROPEWALK, 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 53 THE ROPEWALK). 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 53 THE ROPEWALK?

53 THE ROPEWALK is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 53 on THE ROPEWALK.