CLEMATIS COTTAGE, CHAPEL LANE, FARNSFIELD, NEWARK, NG22 8JP - £372,500

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.

CLEMATIS COTTAGE is a midsized extended semi-detached house of 136m², built sometime before 1900, which could now be worth an estimated £591,461. It was last sold for £372,500 in November 2014, which was around 182% above the average November 2014 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

CLEMATIS COTTAGE Sold Prices

Land registry data shows three sales for CLEMATIS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three CLEMATIS 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
2014 7 NOV	£372,500	£131,895	182% above HPI
2007 21 SEP	£367,500	£139,353	164% above HPI
2001 13 JUL	£175,000	£56,997	207% above HPI

CLEMATIS COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three CLEMATIS COTTAGE sales between July 2001 and November 2014 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 September 2007 sale was for 164% above the HPI. So the extrapolation line tracks at 164% above the HPI over time, until the November 2014 sale, where it rises to 182% above the HPI. The line then continues to track at 182% above the HPI.

What might CLEMATIS COTTAGE be worth now?

CLEMATIS COTTAGE might now be worth an estimated £591,461.

This is based on house price inflation of 58.8%, between November 2014 and March 2025, for semi-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 58.8% inflationary increase is applied to the most recent sale price for CLEMATIS COTTAGE of £372,500 on 7th November 2014. For the value to have increased from £372,500 to £591,461 over the eleven years and eight months to March 2025, the following assumptions must hold true:

• The value of CLEMATIS COTTAGE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The November 2014 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of CLEMATIS COTTAGE has not materially changed since November 2014.

How Large is CLEMATIS COTTAGE?

CLEMATIS COTTAGE is 136m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of semi-detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farnsfield, and where CLEMATIS COTTAGE lies on this distribution: 59% of semi-detached houses houses are smaller than CLEMATIS COTTAGE, and 41% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

CLEMATIS COTTAGE: Plot and Title Map

CLEMATIS COTTAGE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of CLEMATIS 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 CLEMATIS 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 CLEMATIS COTTAGE?

CLEMATIS COTTAGE is located on CHAPEL LANE in FARNSFIELD, in the NG22 postcode district. The below map shows the position of CLEMATIS COTTAGE on CHAPEL LANE.