FIELDMOUSE COTTAGE, CHURCH LANE, AVERHAM, NEWARK, NG23 5RB - £235,000

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.

FIELDMOUSE COTTAGE is a very small detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £385,416. It was last sold for £235,000 in December 2005, which was around 9% above the average December 2005 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

FIELDMOUSE COTTAGE Sold Prices

Land registry data shows two sales for FIELDMOUSE 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 FIELDMOUSE 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
2005 9 DEC	£235,000	£216,514	9% above HPI
1998 1 APR	£98,000	£81,380	20% above HPI

FIELDMOUSE 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 FIELDMOUSE COTTAGE sales from April 1998 and December 2005 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 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2005 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might FIELDMOUSE COTTAGE be worth now?

FIELDMOUSE COTTAGE might now be worth an estimated £385,416.

This is based on house price inflation of 64%, between December 2005 and March 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 64% inflationary increase is applied to the most recent sale price for FIELDMOUSE COTTAGE of £235,000 on 9th December 2005. For the value to have increased from £235,000 to £385,416 over the twenty years and nine months to March 2025, the following assumptions must hold true:

• The value of FIELDMOUSE COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2005 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of FIELDMOUSE COTTAGE has not materially changed since December 2005.

How Large is FIELDMOUSE COTTAGE?

FIELDMOUSE COTTAGE is 93m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Averham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Averham, and where FIELDMOUSE COTTAGE lies on this distribution: 8% of detached houses houses are smaller than FIELDMOUSE COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Averham.

FIELDMOUSE COTTAGE: Plot and Title Map

FIELDMOUSE COTTAGE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of FIELDMOUSE 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 FIELDMOUSE 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 FIELDMOUSE COTTAGE?

FIELDMOUSE COTTAGE is located on CHURCH LANE in AVERHAM, in the NG23 postcode district. The below map shows the position of FIELDMOUSE COTTAGE on CHURCH LANE.