CORNER COTTAGE, GREAT NORTH ROAD, CROMWELL, NEWARK, NG23 6JE - £405,000

CORNER COTTAGE is a large detached house of 187m². It was last sold for £405,000 in March 2023, which was around 17% above the average March 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

CORNER COTTAGE Sold Prices

Land registry data shows two sales for CORNER 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 CORNER 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
2023 24 MAR	£405,000	£347,077	17% above HPI
2017 13 JUN	£280,000	£247,323	13% above HPI

CORNER 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 CORNER COTTAGE sales from June 2017 and March 2023 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 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 187m² according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses in Cromwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cromwell, and where CORNER COTTAGE lies on this distribution: 68% of detached houses are smaller than CORNER COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Cromwell.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

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