ROSE COTTAGE, MAIN STREET, NORWELL, NEWARK, NG23 6JN - £355,000

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

ROSE COTTAGE is a small extended detached house of 126m², built sometime before 1900. It was last sold for £355,000 in December 2014, which was around 63% above the average December 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2010, where the current energy rating was F, and the potential energy rating was E.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE 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. Both of the two ROSE 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
2014 11 DEC	£355,000	£218,006	63% above HPI
2001 15 JAN	£160,000	£98,425	63% above HPI

ROSE 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 ROSE COTTAGE sales from January 2001 and December 2014 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 January 2001 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the December 2014 sale, which was also at 63% above the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 126m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of detached houses in Norwell, based on EPC data. The below chart shows the distribution of detached houses by size in Norwell, and where ROSE COTTAGE lies on this distribution: 38% of detached houses are smaller than ROSE COTTAGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Norwell.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on MAIN STREET in NORWELL, in the NG23 postcode district. The below map shows the position of ROSE COTTAGE on MAIN STREET.