BECHERS COTTAGE, BECHERS WALK, BURGAGE LANE, SOUTHWELL, NG25 0ER - £300,000

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

BECHERS COTTAGE is a very small detached house of 63m², built sometime from 2007 onwards. It was last sold for £300,000 in December 2019, which was around 10% above the average December 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was A.

BECHERS COTTAGE Sold Prices

Land registry data shows two sales for BECHERS 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 BECHERS 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
2019 5 DEC	£300,000	£272,780	10% above HPI
2013 1 NOV	£225,500	£203,347	11% above HPI

BECHERS 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 BECHERS COTTAGE sales from November 2013 and December 2019 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 November 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is BECHERS COTTAGE?

BECHERS COTTAGE is 63m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where BECHERS COTTAGE lies on this distribution: 4% of detached houses are smaller than BECHERS COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Southwell.

BECHERS COTTAGE: Plot and Title Map

BECHERS COTTAGE sits on a plot of roughly 0.739 of an acre, or 2,991m². The below map shows the location of BECHERS 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 BECHERS 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 BECHERS COTTAGE?

BECHERS COTTAGE, BECHERS WALK is located on BURGAGE LANE in SOUTHWELL, in the NG25 postcode district. The below map shows the position of BECHERS COTTAGE, BECHERS WALK on BURGAGE LANE.