2, WHEATSHEAF COTTAGES, WHEATSHEAF LANE, LONG BENNINGTON, NEWARK, NG23 5DU - £170,000

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.

2 WHEATSHEAF COTTAGES is a very small extended semi-detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £210,232. It was last sold for £170,000 in October 2020, which was around 11% below the average October 2020 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

2 WHEATSHEAF COTTAGES Sold Prices

Land registry data shows five sales for 2 WHEATSHEAF COTTAGES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Most of the five 2 WHEATSHEAF 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
2020 28 OCT	£170,000	£191,045	11% below HPI
2013 5 JUL	£145,000	£139,207	4% above HPI
2005 28 SEP	£119,950	£136,949	12% below HPI
2001 7 DEC	£80,000	£71,453	12% above HPI
1997 17 JUL	£54,000	£46,559	16% above HPI

2 WHEATSHEAF COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 2 WHEATSHEAF COTTAGES sales between July 1997 and October 2020 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 July 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 WHEATSHEAF COTTAGES be worth now?

2 WHEATSHEAF COTTAGES might now be worth an estimated £210,232.

This is based on house price inflation of 23.7%, between October 2020 and February 2025, for semi-detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 2 WHEATSHEAF COTTAGES of £170,000 on 28th October 2020. For the value to have increased from £170,000 to £210,232 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WHEATSHEAF COTTAGES has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The October 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WHEATSHEAF COTTAGES has not materially changed since October 2020.

How Large is 2 WHEATSHEAF COTTAGES?

2 WHEATSHEAF COTTAGES is 76m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Long Bennington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Long Bennington, and where 2 WHEATSHEAF COTTAGES lies on this distribution: 4% of semi-detached houses houses are smaller than 2 WHEATSHEAF COTTAGES, and 96% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

2 WHEATSHEAF COTTAGES: Plot and Title Map

2 WHEATSHEAF COTTAGES sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 2 WHEATSHEAF 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 WHEATSHEAF 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 WHEATSHEAF COTTAGES?

2 WHEATSHEAF COTTAGES is located on WHEATSHEAF LANE in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of 2 WHEATSHEAF COTTAGES on WHEATSHEAF LANE.