HAWTHORN COTTAGE, MAIN ROAD, BESTHORPE, NEWARK, NG23 7HR - £360,000

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.

HAWTHORN COTTAGE is a midsized extended detached house of 131m², built sometime before 1900, which could now be worth an estimated £400,062. It was last sold for £360,000 in November 2021, which was around 13% above the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2021, where the current energy rating was F, and the potential energy rating was A.

HAWTHORN COTTAGE Sold Prices

Land registry data shows three sales for HAWTHORN COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three HAWTHORN 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
2021 19 NOV	£360,000	£318,845	13% above HPI
2006 27 AUG	£289,950	£220,946	31% above HPI
1996 3 MAY	£85,000	£75,569	12% above HPI

HAWTHORN 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 three HAWTHORN COTTAGE sales between May 1996 and November 2021 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 August 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might HAWTHORN COTTAGE be worth now?

HAWTHORN COTTAGE might now be worth an estimated £400,062.

This is based on house price inflation of 11.1%, between November 2021 and July 2026, 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 11.1% inflationary increase is applied to the most recent sale price for HAWTHORN COTTAGE of £360,000 on 19th November 2021. For the value to have increased from £360,000 to £400,062 over the five years and four months to July 2026, the following assumptions must hold true:

• The value of HAWTHORN COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of HAWTHORN COTTAGE has not materially changed since November 2021.

How Large is HAWTHORN COTTAGE?

HAWTHORN COTTAGE is 131m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of detached houses houses in Besthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Besthorpe, and where HAWTHORN COTTAGE lies on this distribution: 53% of detached houses houses are smaller than HAWTHORN COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Besthorpe.

HAWTHORN COTTAGE: Plot and Title Map

HAWTHORN COTTAGE sits on a plot of roughly 0.390 of an acre, or 1,580m². The below map shows the location of HAWTHORN 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 HAWTHORN 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 HAWTHORN COTTAGE?

HAWTHORN COTTAGE is located on MAIN ROAD in BESTHORPE, in the NG23 postcode district. The below map shows the position of HAWTHORN COTTAGE on MAIN ROAD.