MARKHAM COTTAGE, LOW STREET, EAST MARKHAM, NEWARK, NG22 0QQ - £290,000

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.

MARKHAM COTTAGE is a small extended detached house of 126m², built sometime before 1900, which could now be worth an estimated £504,621. It was last sold for £290,000 in November 2009, which was around 61% above the average November 2009 detached price in the Bassetlaw local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was E.

MARKHAM COTTAGE Sold Prices

Land registry data shows two sales for MARKHAM 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 MARKHAM 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 5 NOV	£290,000	£179,715	61% above HPI
1997 21 NOV	£110,000	£69,595	58% above HPI

MARKHAM 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 MARKHAM COTTAGE sales from November 1997 and November 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 November 1997 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2009 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might MARKHAM COTTAGE be worth now?

MARKHAM COTTAGE might now be worth an estimated £504,621.

This is based on house price inflation of 74%, between November 2009 and February 2025, 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 74% inflationary increase is applied to the most recent sale price for MARKHAM COTTAGE of £290,000 on 5th November 2009. For the value to have increased from £290,000 to £504,621 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of MARKHAM COTTAGE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The November 2009 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of MARKHAM COTTAGE has not materially changed since November 2009.

How Large is MARKHAM COTTAGE?

MARKHAM COTTAGE is 126m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% of detached houses houses in East Markham, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Markham, and where MARKHAM COTTAGE lies on this distribution: 24% of detached houses houses are smaller than MARKHAM COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in East Markham.

MARKHAM COTTAGE: Plot and Title Map

MARKHAM COTTAGE sits on a plot of roughly 0.348 of an acre, or 1,408m². The below map shows the location of MARKHAM 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 MARKHAM 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 MARKHAM COTTAGE?

MARKHAM COTTAGE is located on LOW STREET in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of MARKHAM COTTAGE on LOW STREET.