ACORN COTTAGE, MILL LANE, SOUTH CLIFTON, NEWARK, NG23 7AN - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ACORN COTTAGE is a midsized extended detached house of 154m², built sometime between 1991 and 1995. It was last sold for £280,000 in August 2016, which was around 16% above the average August 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2016, where the current energy rating was F, and the potential energy rating was D.

ACORN COTTAGE Sold Prices

Land registry data shows two sales for ACORN COTTAGE 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 ACORN COTTAGE 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
2016 17 AUG	£280,000	£241,694	16% above HPI
2007 3 AUG	£235,000	£224,225	5% above HPI

ACORN COTTAGE 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 ACORN COTTAGE sales from August 2007 and August 2016 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 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2016 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is ACORN COTTAGE?

ACORN COTTAGE is 154m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in South Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in South Clifton, and where ACORN COTTAGE lies on this distribution: 48% of detached houses are smaller than ACORN COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in South Clifton.

ACORN COTTAGE: Plot and Title Map

ACORN COTTAGE sits on a plot of roughly 0.240 of an acre, or 970m². The below map shows the location of ACORN COTTAGE, 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 ACORN COTTAGE). 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 ACORN COTTAGE?

ACORN COTTAGE is located on MILL LANE in SOUTH CLIFTON, in the NG23 postcode district. The below map shows the position of ACORN COTTAGE on MILL LANE.