WESLEYAN COTTAGE, LOW STREET, EAST MARKHAM, NEWARK, NG22 0QQ - £175,000

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

WESLEYAN COTTAGE is a very small extended detached house of 56m², built sometime before 1900. It was last sold for £175,000 in December 2014, which was around 6% below the average December 2014 detached price in the Bassetlaw local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was E.

WESLEYAN COTTAGE Sold Prices

Land registry data shows four sales for WESLEYAN 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 Bassetlaw local authority area for the corresponding sale date. two of the four WESLEYAN COTTAGE sales were for below the average price, and four 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
2014 12 DEC	£175,000	£185,535	6% below HPI
2011 8 APR	£192,000	£173,191	11% above HPI
2007 5 DEC	£158,000	£193,967	19% below HPI
2003 24 MAR	£129,950	£119,868	8% above HPI

WESLEYAN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The four WESLEYAN COTTAGE sales between March 2003 and December 2014 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 April 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is WESLEYAN COTTAGE?

WESLEYAN COTTAGE is 56m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses in East Markham, based on EPC data. The below chart shows the distribution of detached houses by size in East Markham, and where WESLEYAN COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than WESLEYAN COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in East Markham.

WESLEYAN COTTAGE: Plot and Title Map

WESLEYAN COTTAGE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of WESLEYAN 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 WESLEYAN 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 WESLEYAN COTTAGE?

WESLEYAN COTTAGE is located on LOW STREET in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of WESLEYAN COTTAGE on LOW STREET.