GLENFIELD COTTAGE, TIPPINGS LANE, FARNSFIELD, NEWARK, NG22 8EP - £220,000

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.

GLENFIELD COTTAGE is a very small extended semi-detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £320,882. It was last sold for £220,000 in September 2015, which was around 56% above the average September 2015 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

GLENFIELD COTTAGE Sold Prices

Land registry data shows two sales for GLENFIELD COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two GLENFIELD 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
2015 25 SEP	£220,000	£141,065	56% above HPI
2003 21 FEB	£122,950	£87,384	41% above HPI

GLENFIELD COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two GLENFIELD COTTAGE sales from February 2003 and September 2015 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 February 2003 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might GLENFIELD COTTAGE be worth now?

GLENFIELD COTTAGE might now be worth an estimated £320,882.

This is based on house price inflation of 45.9%, between September 2015 and February 2025, for semi-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 45.9% inflationary increase is applied to the most recent sale price for GLENFIELD COTTAGE of £220,000 on 25th September 2015. For the value to have increased from £220,000 to £320,882 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of GLENFIELD COTTAGE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The September 2015 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of GLENFIELD COTTAGE has not materially changed since September 2015.

How Large is GLENFIELD COTTAGE?

GLENFIELD COTTAGE is 86m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of semi-detached houses houses in Farnsfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farnsfield, and where GLENFIELD COTTAGE lies on this distribution: 14% of semi-detached houses houses are smaller than GLENFIELD COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

GLENFIELD COTTAGE: Plot and Title Map

GLENFIELD COTTAGE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of GLENFIELD 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 GLENFIELD 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 GLENFIELD COTTAGE?

GLENFIELD COTTAGE is located on TIPPINGS LANE in FARNSFIELD, in the NG22 postcode district. The below map shows the position of GLENFIELD COTTAGE on TIPPINGS LANE.