WASHTUB COTTAGE, WASHTUB LANE, SOUTH SCARLE, NEWARK, NG23 7JN - £280,000

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

WASHTUB COTTAGE is a very small extended detached house of 57m², built sometime before 1900. It was last sold for £280,000 in March 2022, which was around 11% below the average March 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was B.

WASHTUB COTTAGE Sold Prices

Land registry data shows three sales for WASHTUB COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three WASHTUB COTTAGE sales were 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 4 MAR	£280,000	£314,451	11% below HPI
2013 17 JUN	£131,000	£210,087	38% below HPI
1998 26 NOV	£63,500	£86,550	27% below HPI

WASHTUB 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 three WASHTUB COTTAGE sales between November 1998 and March 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 June 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is WASHTUB COTTAGE?

WASHTUB COTTAGE is 57m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in South Scarle, based on EPC data. The below chart shows the distribution of detached houses by size in South Scarle, and where WASHTUB COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than WASHTUB COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in South Scarle.

WASHTUB COTTAGE: Plot and Title Map

WASHTUB COTTAGE sits on a plot of roughly 2,119.6 acres, or 8,577,597m². The below map shows the location of WASHTUB 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 WASHTUB 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 WASHTUB COTTAGE?

WASHTUB COTTAGE is located on WASHTUB LANE in SOUTH SCARLE, in the NG23 postcode district. The below map shows the position of WASHTUB COTTAGE on WASHTUB LANE.