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

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

FIELDMOUSE COTTAGE is a very small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £235,000 in December 2005, which was around 13% 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	£207,983	13% above HPI
1998 1 APR	£98,000	£78,174	25% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2005 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

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 in Averham, based on EPC data. The below chart shows the distribution of detached houses by size in Averham, and where FIELDMOUSE COTTAGE lies on this distribution: 8% of detached 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.