2, OLD CROFT COTTAGES, STAYTHORPE ROAD, ROLLESTON, NEWARK, NG23 5SG - £145,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OLD CROFT COTTAGES is a very small detached house of 52m², built sometime between 1996 and 2002. It was last sold for £145,000 in August 2017, which was around 43% below the average August 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

2 OLD CROFT COTTAGES Sold Prices

Land registry data shows two sales for 2 OLD CROFT COTTAGES 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 2 OLD CROFT COTTAGES sales were for below 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 AUG	£145,000	£253,758	43% below HPI
2004 9 JUL	£119,950	£188,834	36% below HPI

2 OLD CROFT COTTAGES 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 2 OLD CROFT COTTAGES sales from July 2004 and August 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 July 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 OLD CROFT COTTAGES?

2 OLD CROFT COTTAGES is 52m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Rolleston, based on EPC data. The below chart shows the distribution of detached houses by size in Rolleston, and where 2 OLD CROFT COTTAGES lies on this distribution: Less than 1% of detached houses are smaller than 2 OLD CROFT COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Rolleston.

2 OLD CROFT COTTAGES: Plot and Title Map

2 OLD CROFT COTTAGES sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 2 OLD CROFT COTTAGES, 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 2 OLD CROFT COTTAGES). 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 2 OLD CROFT COTTAGES?

2 OLD CROFT COTTAGES is located on STAYTHORPE ROAD in ROLLESTON, in the NG23 postcode district. The below map shows the position of 2 OLD CROFT COTTAGES on STAYTHORPE ROAD.