BAY COTTAGE, STATION ROAD, KIRTON, NEWARK, NG22 9LL - £200,000

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.

BAY COTTAGE is a large detached house of 127m², built sometime between 1900 and 1929, which could now be worth an estimated £251,562. It was last sold for £200,000 in July 2020, which was around 29% below the average July 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

BAY COTTAGE Sold Prices

Land registry data shows four sales for BAY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the four BAY COTTAGE 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
2020 9 JUL	£200,000	£282,314	29% below HPI
2011 1 APR	£200,000	£214,334	7% below HPI
2006 25 SEP	£249,999	£220,874	13% above HPI
1995 31 MAR	£65,000	£71,342	9% below HPI

BAY 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 four BAY COTTAGE sales between March 1995 and July 2020 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 April 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might BAY COTTAGE be worth now?

BAY COTTAGE might now be worth an estimated £251,562.

This is based on house price inflation of 25.8%, between July 2020 and March 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.8% inflationary increase is applied to the most recent sale price for BAY COTTAGE of £200,000 on 9th July 2020. For the value to have increased from £200,000 to £251,562 over the five years and four months to March 2025, the following assumptions must hold true:

• The value of BAY COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of BAY COTTAGE has not materially changed since July 2020.

How Large is BAY COTTAGE?

BAY COTTAGE is 127m² according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses houses in Kirton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirton, and where BAY COTTAGE lies on this distribution: 68% of detached houses houses are smaller than BAY COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Kirton.

BAY COTTAGE: Plot and Title Map

BAY COTTAGE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of BAY 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 BAY 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 BAY COTTAGE?

BAY COTTAGE is located on STATION ROAD in KIRTON, in the NG22 postcode district. The below map shows the position of BAY COTTAGE on STATION ROAD.