FRIAR COTTAGE, QUEEN STREET, BALDERTON, NEWARK, NG24 3NR - £124,000

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

FRIAR COTTAGE is a small extended detached house of 70m², built sometime before 1900. It was last sold for £124,000 in September 2011, which was around 39% below the average September 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was B.

FRIAR COTTAGE Sold Prices

Land registry data shows two sales for FRIAR 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 FRIAR COTTAGE sales were for below 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
2011 2 SEP	£124,000	£204,438	39% below HPI
1995 1 MAY	£55,000	£71,413	23% below HPI

FRIAR 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 FRIAR COTTAGE sales from May 1995 and September 2011 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 May 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2011 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is FRIAR COTTAGE?

FRIAR COTTAGE is 70m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where FRIAR COTTAGE lies on this distribution: 21% of detached houses are smaller than FRIAR COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Balderton.

FRIAR COTTAGE: Plot and Title Map

FRIAR COTTAGE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of FRIAR 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 FRIAR 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 FRIAR COTTAGE?

FRIAR COTTAGE is located on QUEEN STREET in BALDERTON, in the NG24 postcode district. The below map shows the position of FRIAR COTTAGE on QUEEN STREET.