HALL COTTAGE, MAIN STREET, SOUTH SCARLE, NEWARK, NG23 7JH - £430,000

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.

HALL COTTAGE is a large extended detached house of 176m², built sometime before 1900, which could now be worth an estimated £499,579. It was last sold for £430,000 in December 2020, which was around 42% above the average December 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was D.

HALL COTTAGE Sold Prices

Land registry data shows six sales for HALL COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the six HALL 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
2020 18 DEC	£430,000	£302,969	42% above HPI
2012 5 OCT	£318,000	£214,341	48% above HPI
2007 4 MAY	£220,000	£228,172	4% below HPI
2002 16 SEP	£85,000	£146,950	42% below HPI
1999 1 APR	£75,000	£84,855	12% below HPI
1996 30 DEC	£65,000	£75,287	14% below HPI

HALL 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 six HALL COTTAGE sales between December 1996 and December 2020 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 October 2012 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the December 2020 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might HALL COTTAGE be worth now?

HALL COTTAGE might now be worth an estimated £499,579.

This is based on house price inflation of 16.2%, between December 2020 and February 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 16.2% inflationary increase is applied to the most recent sale price for HALL COTTAGE of £430,000 on 18th December 2020. For the value to have increased from £430,000 to £499,579 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of HALL COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2020 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of HALL COTTAGE has not materially changed since December 2020.

How Large is HALL COTTAGE?

HALL COTTAGE is 176m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses houses in South Scarle, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Scarle, and where HALL COTTAGE lies on this distribution: 63% of detached houses houses are smaller than HALL COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in South Scarle.

HALL COTTAGE: Plot and Title Map

HALL COTTAGE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of HALL 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 HALL 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 HALL COTTAGE?

HALL COTTAGE is located on MAIN STREET in SOUTH SCARLE, in the NG23 postcode district. The below map shows the position of HALL COTTAGE on MAIN STREET.