OLD ENGLAND COTTAGE, FARM LANE, EAST MARKHAM, NEWARK, NG22 0QH - £360,000

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.

OLD ENGLAND COTTAGE is a small detached house of 139m², built sometime before 1900, which could now be worth an estimated £523,741. It was last sold for £360,000 in May 2018, which was around 67% above the average May 2018 detached price in the Bassetlaw local authority area. The most recent EPC inspection was September 2018, where the current energy rating was F, and the potential energy rating was B.

OLD ENGLAND COTTAGE Sold Prices

Land registry data shows three sales for OLD ENGLAND 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 Bassetlaw local authority area for the corresponding sale date. All of the three OLD ENGLAND 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
2018 8 MAY	£360,000	£214,950	67% above HPI
2006 9 NOV	£315,000	£191,268	65% above HPI
1997 3 APR	£123,000	£66,835	84% above HPI

OLD ENGLAND 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 three OLD ENGLAND COTTAGE sales between April 1997 and May 2018 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 2006 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2018 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might OLD ENGLAND COTTAGE be worth now?

OLD ENGLAND COTTAGE might now be worth an estimated £523,741.

This is based on house price inflation of 45.5%, between May 2018 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 45.5% inflationary increase is applied to the most recent sale price for OLD ENGLAND COTTAGE of £360,000 on 8th May 2018. For the value to have increased from £360,000 to £523,741 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of OLD ENGLAND COTTAGE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The May 2018 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of OLD ENGLAND COTTAGE has not materially changed since May 2018.

How Large is OLD ENGLAND COTTAGE?

OLD ENGLAND COTTAGE is 139m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% 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 OLD ENGLAND COTTAGE lies on this distribution: 34% of detached houses houses are smaller than OLD ENGLAND COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in East Markham.

OLD ENGLAND COTTAGE: Plot and Title Map

OLD ENGLAND COTTAGE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of OLD ENGLAND 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 OLD ENGLAND 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 OLD ENGLAND COTTAGE?

OLD ENGLAND COTTAGE is located on FARM LANE in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of OLD ENGLAND COTTAGE on FARM LANE.