WHITE COTTAGE, MAIN STREET, FARNSFIELD, NEWARK, NG22 8EF - £295,000

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.

WHITE COTTAGE is a small extended detached house of 97m², built sometime between 1900 and 1929, which could now be worth an estimated £297,827. It was last sold for £295,000 in October 2024, which was around 15% below the average October 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was B.

WHITE COTTAGE Sold Prices

Land registry data shows two sales for WHITE 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. Both of the two WHITE 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
2024 17 OCT	£295,000	£348,652	15% below HPI
1996 2 APR	£72,000	£75,215	4% below HPI

WHITE 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 WHITE COTTAGE sales from April 1996 and October 2024 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 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might WHITE COTTAGE be worth now?

WHITE COTTAGE might now be worth an estimated £297,827.

This is based on house price inflation of 1%, between October 2024 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% inflationary increase is applied to the most recent sale price for WHITE COTTAGE of £295,000 on 17th October 2024. For the value to have increased from £295,000 to £297,827 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of WHITE COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2024 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of WHITE COTTAGE has not materially changed since October 2024.

How Large is WHITE COTTAGE?

WHITE COTTAGE is 97m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 30% of detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnsfield, and where WHITE COTTAGE lies on this distribution: 23% of detached houses houses are smaller than WHITE COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

WHITE COTTAGE: Plot and Title Map

WHITE COTTAGE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of WHITE 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 WHITE 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 WHITE COTTAGE?

WHITE COTTAGE is located on MAIN STREET in FARNSFIELD, in the NG22 postcode district. The below map shows the position of WHITE COTTAGE on MAIN STREET.