GARDEN COTTAGE, GREAT NORTH ROAD, CROMWELL, NEWARK, NG23 6JE - £248,000

GARDEN COTTAGE is a small extended detached house of 104m², built sometime before 1900. It was last sold for £248,000 in November 2007, which was around 9% above the average November 2007 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2022, where the current energy rating was F, and the potential energy rating was C.

GARDEN COTTAGE Sold Prices

Land registry data shows two sales for GARDEN 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 GARDEN COTTAGE 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
2007 30 NOV	£248,000	£227,603	9% above HPI
2005 22 DEC	£225,000	£207,983	8% above HPI

GARDEN 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 GARDEN COTTAGE sales from December 2005 and November 2007 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 December 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2007 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is GARDEN COTTAGE?

GARDEN COTTAGE is 104m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Cromwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cromwell, and where GARDEN COTTAGE lies on this distribution: 24% of detached houses are smaller than GARDEN COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Cromwell.

GARDEN COTTAGE: Plot and Title Map

GARDEN COTTAGE sits on a plot of roughly 0.321 of an acre, or 1,300m². The below map shows the location of GARDEN 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 GARDEN 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 GARDEN COTTAGE?

GARDEN COTTAGE is located on GREAT NORTH ROAD in CROMWELL, in the NG23 postcode district. The below map shows the position of GARDEN COTTAGE on GREAT NORTH ROAD.