HONEYWOOD COTTAGE, POST OFFICE LANE, SOUTH SCARLE, NEWARK, NG23 7JX - £570,000

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

HONEYWOOD COTTAGE is a large extended detached house of 202m², built sometime before 1900. It was last sold for £570,000 in April 2023, which was around 72% above the average April 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

HONEYWOOD COTTAGE Sold Prices

Land registry data shows six sales for HONEYWOOD 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. All of the six HONEYWOOD 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 13 APR	£570,000	£331,752	72% above HPI
2017 8 DEC	£475,000	£262,749	81% above HPI
2016 15 APR	£475,000	£236,288	101% above HPI
2015 7 JAN	£445,000	£222,312	100% above HPI
2005 11 APR	£355,000	£198,859	79% above HPI
2003 15 AUG	£245,000	£169,610	44% above HPI

HONEYWOOD 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 HONEYWOOD COTTAGE sales between August 2003 and April 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 December 2017 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the April 2023 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is HONEYWOOD COTTAGE?

HONEYWOOD COTTAGE is 202m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in South Scarle, based on EPC data. The below chart shows the distribution of detached houses by size in South Scarle, and where HONEYWOOD COTTAGE lies on this distribution: 74% of detached houses are smaller than HONEYWOOD COTTAGE, and 22% of houses are larger. Note that EPC data is not available for all properties in South Scarle.

HONEYWOOD COTTAGE: Plot and Title Map

HONEYWOOD COTTAGE sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of HONEYWOOD 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 HONEYWOOD 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 HONEYWOOD COTTAGE?

HONEYWOOD COTTAGE is located on POST OFFICE LANE in SOUTH SCARLE, in the NG23 postcode district. The below map shows the position of HONEYWOOD COTTAGE on POST OFFICE LANE.