HONEYSUCKLE COTTAGE, WOODHOUSE ROAD, NORWELL, NEWARK, NG23 6JX - £500,000

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.

HONEYSUCKLE COTTAGE is a small extended detached house of 121m², built sometime before 1900, which could now be worth an estimated £497,196. It was last sold for £500,000 in September 2023, which was around 41% above the average September 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was C.

HONEYSUCKLE COTTAGE Sold Prices

Land registry data shows four sales for HONEYSUCKLE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the four HONEYSUCKLE 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
2023 14 SEP	£500,000	£353,978	41% above HPI
2015 16 JAN	£302,500	£231,431	31% above HPI
2008 7 NOV	£280,000	£200,280	40% above HPI
2006 31 JAN	£164,500	£214,198	23% below HPI

HONEYSUCKLE 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 four HONEYSUCKLE COTTAGE sales between January 2006 and September 2023 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 January 2015 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2023 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might HONEYSUCKLE COTTAGE be worth now?

HONEYSUCKLE COTTAGE might now be worth an estimated £497,196.

This is based on house price deflation of 0.6%, between September 2023 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 0.6% deflationary decrease is applied to the most recent sale price for HONEYSUCKLE COTTAGE of £500,000 on 14th September 2023. For the value to have decreased from £500,000 to £497,196 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of HONEYSUCKLE COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of HONEYSUCKLE COTTAGE has not materially changed since September 2023.

How Large is HONEYSUCKLE COTTAGE?

HONEYSUCKLE COTTAGE is 121m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses houses in Norwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwell, and where HONEYSUCKLE COTTAGE lies on this distribution: 28% of detached houses houses are smaller than HONEYSUCKLE COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Norwell.

HONEYSUCKLE COTTAGE: Plot and Title Map

HONEYSUCKLE COTTAGE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of HONEYSUCKLE 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 HONEYSUCKLE 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 HONEYSUCKLE COTTAGE?

HONEYSUCKLE COTTAGE is located on WOODHOUSE ROAD in NORWELL, in the NG23 postcode district. The below map shows the position of HONEYSUCKLE COTTAGE on WOODHOUSE ROAD.