2, RAILWAY COTTAGES, OLDBRIDGE WAY, BILSTHORPE, NEWARK, NG22 8PU - £117,500

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.

2 RAILWAY COTTAGES is a midsized extended terraced house of 109m², built sometime before 1900, which could now be worth an estimated £208,490. It was last sold for £117,500 in October 2004, which was around 24% above the average October 2004 terraced price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

2 RAILWAY COTTAGES Sold Prices

Land registry data shows three sales for 2 RAILWAY COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 RAILWAY COTTAGES 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
2004 29 OCT	£117,500	£94,671	24% above HPI
2002 22 MAR	£56,000	£47,339	18% above HPI
1997 29 AUG	£37,500	£35,675	5% above HPI

2 RAILWAY COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 2 RAILWAY COTTAGES sales between August 1997 and October 2004 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 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2004 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 2 RAILWAY COTTAGES be worth now?

2 RAILWAY COTTAGES might now be worth an estimated £208,490.

This is based on house price inflation of 77.4%, between October 2004 and June 2025, for terraced 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 77.4% inflationary increase is applied to the most recent sale price for 2 RAILWAY COTTAGES of £117,500 on 29th October 2004. For the value to have increased from £117,500 to £208,490 over the 21 years and four months to June 2025, the following assumptions must hold true:

• The value of 2 RAILWAY COTTAGES has moved in line with the HPI for terraced houses in the Newark and Sherwood local authority area.
• The October 2004 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 2 RAILWAY COTTAGES has not materially changed since October 2004.

How Large is 2 RAILWAY COTTAGES?

2 RAILWAY COTTAGES is 109m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of terraced houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bilsthorpe, and where 2 RAILWAY COTTAGES lies on this distribution: 57% of terraced houses houses are smaller than 2 RAILWAY COTTAGES, and 42% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

2 RAILWAY COTTAGES: Plot and Title Map

2 RAILWAY COTTAGES sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 RAILWAY COTTAGES, 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 2 RAILWAY COTTAGES). 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 2 RAILWAY COTTAGES?

2 RAILWAY COTTAGES is located on OLDBRIDGE WAY in BILSTHORPE, in the NG22 postcode district. The below map shows the position of 2 RAILWAY COTTAGES on OLDBRIDGE WAY.