PEPPERCORN COTTAGE, COSTA ROW, LONG BENNINGTON, NEWARK, NG23 5DY - £235,000

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

PEPPERCORN COTTAGE is a very small extended detached house of 93m², built sometime between 2003 and 2006, which could now be worth an estimated £236,757. It was last sold for £235,000 in March 2023, which was around 36% below the average March 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

PEPPERCORN COTTAGE Sold Prices

Land registry data shows three sales for PEPPERCORN 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 South Kesteven local authority area for the corresponding sale date. All of the three PEPPERCORN COTTAGE sales were for below 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
2023 1 MAR	£235,000	£365,603	36% below HPI
2013 16 MAY	£144,950	£209,168	31% below HPI
2005 8 DEC	£145,000	£207,848	30% below HPI

PEPPERCORN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three PEPPERCORN COTTAGE sales between December 2005 and March 2023 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 May 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might PEPPERCORN COTTAGE be worth now?

PEPPERCORN COTTAGE might now be worth an estimated £236,757.

This is based on house price inflation of 0.7%, between March 2023 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% inflationary increase is applied to the most recent sale price for PEPPERCORN COTTAGE of £235,000 on 1st March 2023. For the value to have increased from £235,000 to £236,757 over the three months to December 2024, the following assumptions must hold true:

• The value of PEPPERCORN COTTAGE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of PEPPERCORN COTTAGE has not materially changed since March 2023.

How Large is PEPPERCORN COTTAGE?

PEPPERCORN COTTAGE is 93m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Bennington, and where PEPPERCORN COTTAGE lies on this distribution: 11% of detached houses houses are smaller than PEPPERCORN COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

PEPPERCORN COTTAGE: Plot and Title Map

PEPPERCORN COTTAGE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of PEPPERCORN 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 PEPPERCORN 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 PEPPERCORN COTTAGE?

PEPPERCORN COTTAGE is located on COSTA ROW in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of PEPPERCORN COTTAGE on COSTA ROW.