BRIARFIELDS, NORWELL LANE, CROMWELL, NEWARK, NG23 6JQ - £377,500

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.

BRIARFIELDS is a very small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £399,708. It was last sold for £377,500 in April 2024, which was around 14% above the average April 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was C.

BRIARFIELDS Sold Prices

Land registry data shows six sales for BRIARFIELDS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the six BRIARFIELDS 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
2024 19 APR	£377,500	£332,436	14% above HPI
2007 29 JUN	£250,000	£227,639	10% above HPI
2006 5 APR	£205,000	£210,620	3% below HPI
2004 4 JUN	£197,500	£196,298	1% above HPI
2002 14 NOV	£159,000	£153,446	4% above HPI
1997 12 DEC	£82,000	£79,399	3% above HPI

BRIARFIELDS 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 six BRIARFIELDS sales between December 1997 and April 2024 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 June 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2024 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might BRIARFIELDS be worth now?

BRIARFIELDS might now be worth an estimated £399,708.

This is based on house price inflation of 5.9%, between April 2024 and February 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 5.9% inflationary increase is applied to the most recent sale price for BRIARFIELDS of £377,500 on 19th April 2024. For the value to have increased from £377,500 to £399,708 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of BRIARFIELDS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2024 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of BRIARFIELDS has not materially changed since April 2024.

How Large is BRIARFIELDS?

BRIARFIELDS is 103m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses houses in Cromwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromwell, and where BRIARFIELDS lies on this distribution: 19% of detached houses houses are smaller than BRIARFIELDS, and 81% of houses are larger. Note that EPC data is not available for all properties in Cromwell.

BRIARFIELDS: Plot and Title Map

BRIARFIELDS sits on a plot of roughly 0.254 of an acre, or 1,027m². The below map shows the location of BRIARFIELDS, 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 BRIARFIELDS). 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 BRIARFIELDS?

BRIARFIELDS is located on NORWELL LANE in CROMWELL, in the NG23 postcode district. The below map shows the position of BRIARFIELDS on NORWELL LANE.