LAVENDA COTTAGE, HIGH STREET, HARBY, NEWARK, NG23 7EB - £380,000

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.

LAVENDA COTTAGE is a very large extended detached house of 275m², built sometime before 1900, which could now be worth an estimated £570,742. It was last sold for £380,000 in August 2014, which was around 62% above the average August 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

LAVENDA COTTAGE Sold Prices

Land registry data shows two sales for LAVENDA 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. One of the two LAVENDA COTTAGE sales was for above the average price, whilst the other was 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
2014 22 AUG	£380,000	£234,357	62% above HPI
2001 17 DEC	£85,000	£117,634	28% below HPI

LAVENDA 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 LAVENDA COTTAGE sales from December 2001 and August 2014 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 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2014 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might LAVENDA COTTAGE be worth now?

LAVENDA COTTAGE might now be worth an estimated £570,742.

This is based on house price inflation of 50.2%, between August 2014 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 50.2% inflationary increase is applied to the most recent sale price for LAVENDA COTTAGE of £380,000 on 22nd August 2014. For the value to have increased from £380,000 to £570,742 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of LAVENDA COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2014 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of LAVENDA COTTAGE has not materially changed since August 2014.

How Large is LAVENDA COTTAGE?

LAVENDA COTTAGE is 275m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where LAVENDA COTTAGE lies on this distribution: 97% of detached houses houses are smaller than LAVENDA COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Harby.

LAVENDA COTTAGE: Plot and Title Map

LAVENDA COTTAGE sits on a plot of roughly 0.242 of an acre, or 978m². The below map shows the location of LAVENDA 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 LAVENDA 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 LAVENDA COTTAGE?

LAVENDA COTTAGE is located on HIGH STREET in HARBY, in the NG23 postcode district. The below map shows the position of LAVENDA COTTAGE on HIGH STREET.