VINE COTTAGE, MAIN STREET, HOVERINGHAM, NOTTINGHAM, NG14 7JR - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

VINE COTTAGE is a very small detached house of 115m², built sometime before 1900. It was last sold for £420,000 in August 2022, which was around 27% above the average August 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2012, where the current energy rating was F, and the potential energy rating was C.

VINE COTTAGE Sold Prices

Land registry data shows four sales for VINE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four VINE 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
2022 22 AUG	£420,000	£331,786	27% above HPI
2015 12 MAR	£280,000	£222,188	26% above HPI
2003 19 DEC	£250,000	£175,352	43% above HPI
1998 27 FEB	£110,000	£76,845	43% above HPI

VINE 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 four VINE COTTAGE sales between February 1998 and August 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 March 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is VINE COTTAGE?

VINE COTTAGE is 115m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of detached houses in Hoveringham, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveringham, and where VINE COTTAGE lies on this distribution: 13% of detached houses are smaller than VINE COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hoveringham.

VINE COTTAGE: Plot and Title Map

VINE COTTAGE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of VINE 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 VINE 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 VINE COTTAGE?

VINE COTTAGE is located on MAIN STREET in HOVERINGHAM, in the NG14 postcode district. The below map shows the position of VINE COTTAGE on MAIN STREET.