IVY COTTAGE, SCHOOL LANE, HALAM, NEWARK, NG22 8AD - £361,000

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

IVY COTTAGE is a small detached house of 136m², built sometime before 1900. It was last sold for £361,000 in December 2009, which was around 77% above the average December 2009 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2009, where the current energy rating was F, and the potential energy rating was E.

IVY COTTAGE Sold Prices

Land registry data shows two sales for IVY 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 IVY 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
2009 18 DEC	£361,000	£204,023	77% above HPI
1998 4 SEP	£180,000	£87,139	107% above HPI

IVY 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 IVY COTTAGE sales from September 1998 and December 2009 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 September 1998 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the December 2009 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 136m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 30% of detached houses in Halam, based on EPC data. The below chart shows the distribution of detached houses by size in Halam, and where IVY COTTAGE lies on this distribution: 25% of detached houses are smaller than IVY COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Halam.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located on SCHOOL LANE in HALAM, in the NG22 postcode district. The below map shows the position of IVY COTTAGE on SCHOOL LANE.