BRIARFIELDS, NORWELL LANE, CROMWELL, NEWARK, NG23 6JQ - £250,000

BRIARFIELDS is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2007, which was around 14% above the average June 2007 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 five sales for BRIARFIELDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five 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
2007 29 JUN	£250,000	£218,670	14% above HPI
2006 5 APR	£205,000	£202,321	1% above HPI
2004 4 JUN	£197,500	£188,564	5% above HPI
2002 14 NOV	£159,000	£147,399	8% above HPI
1997 12 DEC	£82,000	£76,270	8% 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 five BRIARFIELDS sales between December 1997 and June 2007 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 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2007 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

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 in Cromwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cromwell, and where BRIARFIELDS lies on this distribution: 20% of detached houses are smaller than BRIARFIELDS, and 80% 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.