BARN COTTAGE, CHURCH STREET, EAST MARKHAM, NEWARK, NG22 0SA - £410,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BARN COTTAGE is a small detached house of 123m², built sometime before 1900, which could now be worth an estimated £444,649. It was last sold for £410,000 in December 2022, which was around 42% above the average December 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was D.

BARN COTTAGE Sold Prices

Land registry data shows two sales for BARN 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 Bassetlaw local authority area for the corresponding sale date. One of the two BARN COTTAGE sales was for above the average price, whilst the other was 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
2022 19 DEC	£410,000	£288,349	42% above HPI
2021 29 OCT	£210,000	£266,713	21% below HPI

BARN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The two BARN COTTAGE sales from October 2021 and December 2022 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 October 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might BARN COTTAGE be worth now?

BARN COTTAGE might now be worth an estimated £444,649.

This is based on house price inflation of 8.5%, between December 2022 and February 2025, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for BARN COTTAGE of £410,000 on 19th December 2022. For the value to have increased from £410,000 to £444,649 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of BARN COTTAGE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The December 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of BARN COTTAGE has not materially changed since December 2022.

How Large is BARN COTTAGE?

BARN COTTAGE is 123m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses houses in East Markham, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Markham, and where BARN COTTAGE lies on this distribution: 23% of detached houses houses are smaller than BARN COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in East Markham.

BARN COTTAGE: Plot and Title Map

BARN COTTAGE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of BARN 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 BARN 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 BARN COTTAGE?

BARN COTTAGE is located on CHURCH STREET in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of BARN COTTAGE on CHURCH STREET.