GABLES COTTAGE, THE TURNPIKE, HALAM, NEWARK, NG22 8AE - £515,000

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

GABLES COTTAGE is a small detached house of 166m², built sometime between 1983 and 1990. It was last sold for £515,000 in January 2022, which was around 63% above the average January 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

GABLES COTTAGE Sold Prices

Land registry data shows two sales for GABLES 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 GABLES 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
2022 6 JAN	£515,000	£316,748	63% above HPI
2001 10 AUG	£250,000	£109,668	128% above HPI

GABLES 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 GABLES COTTAGE sales from August 2001 and January 2022 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 2001 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the January 2022 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is GABLES COTTAGE?

GABLES COTTAGE is 166m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Halam, based on EPC data. The below chart shows the distribution of detached houses by size in Halam, and where GABLES COTTAGE lies on this distribution: 36% of detached houses are smaller than GABLES COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Halam.

GABLES COTTAGE: Plot and Title Map

GABLES COTTAGE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of GABLES 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 GABLES 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 GABLES COTTAGE?

GABLES COTTAGE is located on THE TURNPIKE in HALAM, in the NG22 postcode district. The below map shows the position of GABLES COTTAGE on THE TURNPIKE.