CORNWALL COTTAGE, MAIN STREET, SOUTH SCARLE, NEWARK, NG23 7JH - £377,500

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.

CORNWALL COTTAGE is a midsized extended detached house of 174m², built sometime before 1900, which could now be worth an estimated £483,039. It was last sold for £377,500 in November 2017, which was around 37% above the average November 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

CORNWALL COTTAGE Sold Prices

Land registry data shows three sales for CORNWALL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three CORNWALL 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
2017 27 NOV	£377,500	£275,086	37% above HPI
2004 29 APR	£245,000	£189,370	29% above HPI
1998 7 MAY	£96,000	£83,276	15% above HPI

CORNWALL 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 three CORNWALL COTTAGE sales between May 1998 and November 2017 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 2004 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2017 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might CORNWALL COTTAGE be worth now?

CORNWALL COTTAGE might now be worth an estimated £483,039.

This is based on house price inflation of 28%, between November 2017 and February 2025, for 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 28% inflationary increase is applied to the most recent sale price for CORNWALL COTTAGE of £377,500 on 27th November 2017. For the value to have increased from £377,500 to £483,039 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of CORNWALL COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2017 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of CORNWALL COTTAGE has not materially changed since November 2017.

How Large is CORNWALL COTTAGE?

CORNWALL COTTAGE is 174m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses houses in South Scarle, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Scarle, and where CORNWALL COTTAGE lies on this distribution: 59% of detached houses houses are smaller than CORNWALL COTTAGE, and 41% of houses are larger. Note that EPC data is not available for all properties in South Scarle.

CORNWALL COTTAGE: Plot and Title Map

CORNWALL COTTAGE sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of CORNWALL 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 CORNWALL 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 CORNWALL COTTAGE?

CORNWALL COTTAGE is located on MAIN STREET in SOUTH SCARLE, in the NG23 postcode district. The below map shows the position of CORNWALL COTTAGE on MAIN STREET.