TRENT FARM COTTAGE, MAIN STREET, NORTH MUSKHAM, NEWARK, NG23 6ER - £420,000

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.

TRENT FARM COTTAGE is a large extended detached house of 162m², built sometime before 1900, which could now be worth an estimated £438,155. It was last sold for £420,000 in July 2022, which was around 24% above the average July 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

TRENT FARM COTTAGE Sold Prices

Land registry data shows two sales for TRENT FARM 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 TRENT FARM 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
2022 14 JUL	£420,000	£337,408	24% above HPI
2000 17 AUG	£85,000	£102,612	17% below HPI

TRENT FARM 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 TRENT FARM COTTAGE sales from August 2000 and July 2022 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 August 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might TRENT FARM COTTAGE be worth now?

TRENT FARM COTTAGE might now be worth an estimated £438,155.

This is based on house price inflation of 4.3%, between July 2022 and February 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 4.3% inflationary increase is applied to the most recent sale price for TRENT FARM COTTAGE of £420,000 on 14th July 2022. For the value to have increased from £420,000 to £438,155 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of TRENT FARM COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of TRENT FARM COTTAGE has not materially changed since July 2022.

How Large is TRENT FARM COTTAGE?

TRENT FARM COTTAGE is 162m², which includes four extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Muskham, and where TRENT FARM COTTAGE lies on this distribution: 70% of detached houses houses are smaller than TRENT FARM COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

TRENT FARM COTTAGE: Plot and Title Map

TRENT FARM COTTAGE sits on a plot of roughly 0.200 of an acre, or 811m². The below map shows the location of TRENT FARM 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 TRENT FARM 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 TRENT FARM COTTAGE?

TRENT FARM COTTAGE is located on MAIN STREET in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of TRENT FARM COTTAGE on MAIN STREET.