LOCK COTTAGE, BRACEBRIDGE, WORKSOP, S80 2DX - £121,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LOCK COTTAGE is a very small extended detached house of 72m², built sometime before 1900. It was last sold for £121,000 in June 2023, which was around 57% below the average June 2023 detached price in the Bassetlaw local authority area. The most recent EPC inspection was February 2023, where the current energy rating was G, and the potential energy rating was B.

LOCK COTTAGE Sold Prices

Land registry data shows two sales for LOCK 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 Bassetlaw local authority area for the corresponding sale date. Both of the two LOCK COTTAGE sales were 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
2023 28 JUN	£121,000	£279,658	57% below HPI
2023 11 APR	£120,000	£276,077	57% below HPI

LOCK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The two LOCK COTTAGE sales from April 2023 and June 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 April 2023 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2023 sale, which was also at 57% below the HPI.

What might LOCK COTTAGE be worth now?

LOCK COTTAGE might now be worth an estimated £136,847.

This is based on house price inflation of 13.1%, between June 2023 and December 2024, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for LOCK COTTAGE of £121,000 on 28th June 2023. For the value to have increased from £121,000 to £136,847 over the six months to December 2024, the following assumptions must hold true:

• The value of LOCK COTTAGE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The June 2023 sale price of £121,000 represented a fair market value for the property.
• The size, condition, and specification of LOCK COTTAGE has not materially changed since June 2023.

How Large is LOCK COTTAGE?

LOCK COTTAGE is 72m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses houses in Worksop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worksop, and where LOCK COTTAGE lies on this distribution: 6% of detached houses houses are smaller than LOCK COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Worksop.

LOCK COTTAGE: Plot and Title Map

LOCK COTTAGE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of LOCK 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 LOCK 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 LOCK COTTAGE?

LOCK COTTAGE is located on BRACEBRIDGE in WORKSOP, in the S80 postcode district. The below map shows the position of LOCK COTTAGE on BRACEBRIDGE.