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

VINE COTTAGE is a very small detached house of 115m², built sometime before 1900, which could now be worth an estimated £428,023. It was last sold for £420,000 in August 2022, which was around 22% 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	£345,395	22% above HPI
2015 12 MAR	£280,000	£231,302	21% above HPI
2003 19 DEC	£250,000	£182,545	37% above HPI
1998 27 FEB	£110,000	£79,997	38% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might VINE COTTAGE be worth now?

VINE COTTAGE might now be worth an estimated £428,023.

This is based on house price inflation of 1.9%, between August 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 1.9% inflationary increase is applied to the most recent sale price for VINE COTTAGE of £420,000 on 22nd August 2022. For the value to have increased from £420,000 to £428,023 over the three years and six months to February 2025, the following assumptions must hold true:

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

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 houses in Hoveringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoveringham, and where VINE COTTAGE lies on this distribution: 13% of detached houses 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.