TERRA COTTA, STATION ROAD, KIRTON, NEWARK, NG22 9LH - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TERRA COTTA is a large extended detached house of 154m², built sometime between 1950 and 1966, which could now be worth an estimated £412,653. It was last sold for £185,000 in December 2002, which was around 16% above the average December 2002 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

TERRA COTTA Sold Prices

Land registry data shows two sales for TERRA COTTA 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 TERRA COTTA 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
2002 20 DEC	£185,000	£159,197	16% above HPI
1996 11 SEP	£55,000	£79,987	31% below HPI

TERRA COTTA 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 TERRA COTTA sales from September 1996 and December 2002 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 September 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2002 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might TERRA COTTA be worth now?

TERRA COTTA might now be worth an estimated £412,653.

This is based on house price inflation of 123.1%, between December 2002 and March 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 123.1% inflationary increase is applied to the most recent sale price for TERRA COTTA of £185,000 on 20th December 2002. For the value to have increased from £185,000 to £412,653 over the 23 years and nine months to March 2025, the following assumptions must hold true:

• The value of TERRA COTTA has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2002 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of TERRA COTTA has not materially changed since December 2002.

How Large is TERRA COTTA?

TERRA COTTA is 154m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 30% of detached houses houses in Kirton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirton, and where TERRA COTTA lies on this distribution: 76% of detached houses houses are smaller than TERRA COTTA, and 24% of houses are larger. Note that EPC data is not available for all properties in Kirton.

TERRA COTTA: Plot and Title Map

TERRA COTTA sits on a plot of roughly 0.420 of an acre, or 1,700m². The below map shows the location of TERRA COTTA, 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 TERRA COTTA). 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 TERRA COTTA?

TERRA COTTA is located on STATION ROAD in KIRTON, in the NG22 postcode district. The below map shows the position of TERRA COTTA on STATION ROAD.