JASMINE COTTAGE, LOW STREET, ELSTON, NEWARK, NG23 5PA - £415,000

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.

JASMINE COTTAGE is a midsized detached house of 140m², built sometime before 1900, which could now be worth an estimated £435,427. It was last sold for £415,000 in June 2024, which was around 24% above the average June 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

JASMINE COTTAGE Sold Prices

Land registry data shows six sales for JASMINE 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 JASMINE 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
2024 11 JUN	£415,000	£335,480	24% above HPI
2021 25 NOV	£370,000	£318,845	16% above HPI
2015 3 JUL	£285,000	£236,622	20% above HPI
2009 16 NOV	£249,999	£212,402	18% above HPI
2005 25 NOV	£230,000	£215,923	7% above HPI
1995 31 MAR	£101,000	£71,342	42% above HPI

JASMINE 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 JASMINE COTTAGE sales between March 1995 and June 2024 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 November 2021 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might JASMINE COTTAGE be worth now?

JASMINE COTTAGE might now be worth an estimated £435,427.

This is based on house price inflation of 4.9%, between June 2024 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 4.9% inflationary increase is applied to the most recent sale price for JASMINE COTTAGE of £415,000 on 11th June 2024. For the value to have increased from £415,000 to £435,427 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of JASMINE COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2024 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of JASMINE COTTAGE has not materially changed since June 2024.

How Large is JASMINE COTTAGE?

JASMINE COTTAGE is 140m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses houses in Elston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elston, and where JASMINE COTTAGE lies on this distribution: 45% of detached houses houses are smaller than JASMINE COTTAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Elston.

JASMINE COTTAGE: Plot and Title Map

JASMINE COTTAGE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of JASMINE 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 JASMINE 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 JASMINE COTTAGE?

JASMINE COTTAGE is located on LOW STREET in ELSTON, in the NG23 postcode district. The below map shows the position of JASMINE COTTAGE on LOW STREET.