JONRIC, NEWARK ROAD, SOUTHWELL, NG25 0ES - £330,000

JONRIC is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £330,000 in August 2021, which was around 11% above the average August 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

JONRIC Sold Prices

Land registry data shows two sales for JONRIC 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 JONRIC 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
2021 6 AUG	£330,000	£297,040	11% above HPI
2014 7 AUG	£250,000	£225,122	11% above HPI

JONRIC 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 JONRIC sales from August 2014 and August 2021 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 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2021 sale, which was also at 11% above the HPI.

How Large is JONRIC?

JONRIC is 87m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 JONRIC lies on this distribution: 18% of detached houses are smaller than JONRIC, and 81% of houses are larger. Note that EPC data is not available for all properties in Southwell.

JONRIC: Plot and Title Map

JONRIC sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of JONRIC, 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 JONRIC). 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 JONRIC?

JONRIC is located on NEWARK ROAD in SOUTHWELL, in the NG25 postcode district. The below map shows the position of JONRIC on NEWARK ROAD.