MYRTLE COTTAGE, MAIN STREET, HOVERINGHAM, NOTTINGHAM, NG14 7JR - £210,000

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.

MYRTLE COTTAGE is a very small extended detached house of 117m², built sometime before 1900, which could now be worth an estimated £315,410. It was last sold for £210,000 in August 2014, which was around 10% below the average August 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

MYRTLE COTTAGE Sold Prices

Land registry data shows three sales for MYRTLE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the three MYRTLE COTTAGE sales was for below the average price, whilst two 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
2014 8 AUG	£210,000	£234,357	10% below HPI
2000 29 SEP	£140,000	£106,998	31% above HPI
1995 29 SEP	£84,950	£77,236	10% above HPI

MYRTLE 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 three MYRTLE COTTAGE sales between September 1995 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 September 2000 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might MYRTLE COTTAGE be worth now?

MYRTLE COTTAGE might now be worth an estimated £315,410.

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 MYRTLE COTTAGE of £210,000 on 8th August 2014. For the value to have increased from £210,000 to £315,410 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of MYRTLE 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 £210,000 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE COTTAGE has not materially changed since August 2014.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 117m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses houses in Hoveringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoveringham, and where MYRTLE COTTAGE lies on this distribution: 15% of detached houses houses are smaller than MYRTLE COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hoveringham.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of MYRTLE 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 MYRTLE 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on MAIN STREET in HOVERINGHAM, in the NG14 postcode district. The below map shows the position of MYRTLE COTTAGE on MAIN STREET.