FERN COTTAGE, SOUTHWELL ROAD, KIRKLINGTON, NEWARK, NG22 8NQ - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FERN COTTAGE is a midsized extended detached house of 185m², built sometime before 1900. It was last sold for £490,000 in May 2018, which was around 91% above the average May 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

FERN COTTAGE Sold Prices

Land registry data shows two sales for FERN 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 FERN 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
2018 31 MAY	£490,000	£256,928	91% above HPI
2000 14 AUG	£155,000	£98,569	57% above HPI

FERN 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 FERN COTTAGE sales from August 2000 and May 2018 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 August 2000 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2018 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is FERN COTTAGE?

FERN COTTAGE is 185m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses in Kirklington, based on EPC data. The below chart shows the distribution of detached houses by size in Kirklington, and where FERN COTTAGE lies on this distribution: 51% of detached houses are smaller than FERN COTTAGE, and 49% of houses are larger. Note that EPC data is not available for all properties in Kirklington.

FERN COTTAGE: Plot and Title Map

FERN COTTAGE sits on a plot of roughly 0.407 of an acre, or 1,648m². The below map shows the location of FERN 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 FERN 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 FERN COTTAGE?

FERN COTTAGE is located on SOUTHWELL ROAD in KIRKLINGTON, in the NG22 postcode district. The below map shows the position of FERN COTTAGE on SOUTHWELL ROAD.