ORCHARD COTTAGE, PRIESTGATE, EAST MARKHAM, NEWARK, NG22 0QT - £312,500

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

ORCHARD COTTAGE is a midsized extended detached house of 173m², built sometime between 1900 and 1929, which could now be worth an estimated £455,875. It was last sold for £312,500 in December 2016, which was around 46% above the average December 2016 detached price in the Bassetlaw local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was B.

ORCHARD COTTAGE Sold Prices

Land registry data shows two sales for ORCHARD 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 ORCHARD 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
2016 21 DEC	£312,500	£214,366	46% above HPI
2012 23 MAR	£229,000	£169,812	35% above HPI

ORCHARD 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 ORCHARD COTTAGE sales from March 2012 and December 2016 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 March 2012 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2016 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might ORCHARD COTTAGE be worth now?

ORCHARD COTTAGE might now be worth an estimated £455,875.

This is based on house price inflation of 45.9%, between December 2016 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 45.9% inflationary increase is applied to the most recent sale price for ORCHARD COTTAGE of £312,500 on 21st December 2016. For the value to have increased from £312,500 to £455,875 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of ORCHARD COTTAGE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The December 2016 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD COTTAGE has not materially changed since December 2016.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 173m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 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 ORCHARD COTTAGE lies on this distribution: 60% of detached houses houses are smaller than ORCHARD COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in East Markham.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD COTTAGE?

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