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

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

TERRA COTTA is a large extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £185,000 in December 2002, which was around 21% 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	£152,924	21% above HPI
1996 11 SEP	£55,000	£76,835	28% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2002 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

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 in Kirton, based on EPC data. The below chart shows the distribution of detached houses by size in Kirton, and where TERRA COTTA lies on this distribution: 76% of detached 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.