PEAR TREE COTTAGE, LOWER KIRKLINGTON ROAD, SOUTHWELL, NG25 0DX - £660,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PEAR TREE COTTAGE is a very large extended detached house of 217m², built sometime before 1900. It was last sold for £660,000 in May 2018, which was around 157% above the average May 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was B.

PEAR TREE COTTAGE Sold Prices

Land registry data shows three sales for PEAR TREE 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. All of the three PEAR TREE 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 11 MAY	£660,000	£256,928	157% above HPI
2012 24 FEB	£500,000	£210,193	138% above HPI
2001 6 APR	£295,000	£98,180	200% above HPI

PEAR TREE 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 PEAR TREE COTTAGE sales between April 2001 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 February 2012 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the May 2018 sale, where it rises to 157% above the HPI. The line then continues to track at 157% above the HPI.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 217m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where PEAR TREE COTTAGE lies on this distribution: 94% of detached houses are smaller than PEAR TREE COTTAGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Southwell.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.495 of an acre, or 2,005m². The below map shows the location of PEAR TREE 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 PEAR TREE 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on LOWER KIRKLINGTON ROAD in SOUTHWELL, in the NG25 postcode district. The below map shows the position of PEAR TREE COTTAGE on LOWER KIRKLINGTON ROAD.