COLLEGE FARM, GREAT NORTH ROAD, CROMWELL, NEWARK, NG23 6JE - £630,000

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

COLLEGE FARM is a very large extended detached house of 221m², built sometime between 1996 and 2002. It was last sold for £630,000 in June 2021, which was around 115% above the average June 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

COLLEGE FARM Sold Prices

Land registry data shows two sales for COLLEGE FARM 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 COLLEGE FARM 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
2021 26 JUN	£630,000	£293,503	115% above HPI
2013 28 FEB	£350,000	£197,498	77% above HPI

COLLEGE FARM 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 COLLEGE FARM sales from February 2013 and June 2021 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 February 2013 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the June 2021 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

How Large is COLLEGE FARM?

COLLEGE FARM is 221m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 COLLEGE FARM lies on this distribution: 84% of detached houses are smaller than COLLEGE FARM, and 16% of houses are larger. Note that EPC data is not available for all properties in Cromwell.

COLLEGE FARM: Plot and Title Map

COLLEGE FARM sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of COLLEGE FARM, 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 COLLEGE FARM). 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 COLLEGE FARM?

COLLEGE FARM is located on GREAT NORTH ROAD in CROMWELL, in the NG23 postcode district. The below map shows the position of COLLEGE FARM on GREAT NORTH ROAD.