PLOUGHMANS COTTAGE, CHAPEL LANE, CAUNTON, NEWARK, NG23 6AN - £386,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PLOUGHMANS COTTAGE is a midsized extended detached house of 177m², built sometime before 1900. It was last sold for £386,500 in April 2024, which was around 19% above the average April 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

PLOUGHMANS COTTAGE Sold Prices

Land registry data shows two sales for PLOUGHMANS 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 Newark and Sherwood local authority area for the corresponding sale date. One of the two PLOUGHMANS COTTAGE sales was for above the average price, whilst the other was 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
2024 26 APR	£386,500	£323,774	19% above HPI
2016 28 OCT	£233,000	£246,500	5% below HPI

PLOUGHMANS 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 two PLOUGHMANS COTTAGE sales from October 2016 and April 2024 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 October 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2024 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is PLOUGHMANS COTTAGE?

PLOUGHMANS COTTAGE is 177m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses in Caunton, based on EPC data. The below chart shows the distribution of detached houses by size in Caunton, and where PLOUGHMANS COTTAGE lies on this distribution: 59% of detached houses are smaller than PLOUGHMANS COTTAGE, and 41% of houses are larger. Note that EPC data is not available for all properties in Caunton.

PLOUGHMANS COTTAGE: Plot and Title Map

PLOUGHMANS COTTAGE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of PLOUGHMANS 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 PLOUGHMANS 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 PLOUGHMANS COTTAGE?

PLOUGHMANS COTTAGE is located on CHAPEL LANE in CAUNTON, in the NG23 postcode district. The below map shows the position of PLOUGHMANS COTTAGE on CHAPEL LANE.