CORNER COTTAGE, MAIN STREET, WESTON, NEWARK, NG23 6ST - £100,000

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

CORNER COTTAGE is a very large detached house of 181m², built sometime between 1967 and 1975. It was last sold for £100,000 in February 2000, which was around 13% above the average February 2000 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

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
2000 18 FEB	£100,000	£88,774	13% above HPI
1995 5 SEP	£115,500	£74,193	56% 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 September 1995 and February 2000 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 1995 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2000 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 181m² according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Weston, based on EPC data. The below chart shows the distribution of detached houses by size in Weston, and where CORNER COTTAGE lies on this distribution: 82% of detached houses are smaller than CORNER COTTAGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Weston.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.122 of an acre, or 493m². 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 MAIN STREET in WESTON, in the NG23 postcode district. The below map shows the position of CORNER COTTAGE on MAIN STREET.