LOFTS COTTAGE, CLEVELAND FARM, MAIN STREET, CLAYPOLE, NEWARK, NG23 5BA - £365,000

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.

LOFTS COTTAGE is a very large extended terraced house of 171m², built sometime between 1996 and 2002, which could now be worth an estimated £588,900. It was last sold for £365,000 in November 2014, which was around 205% above the average November 2014 terraced price in the South Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

LOFTS COTTAGE Sold Prices

Land registry data shows three sales for LOFTS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. All of the three LOFTS 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
2014 19 NOV	£365,000	£119,488	205% above HPI
2007 4 MAY	£320,000	£124,740	157% above HPI
2002 17 APR	£189,950	£58,650	224% above HPI

LOFTS COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The three LOFTS COTTAGE sales between April 2002 and November 2014 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 May 2007 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the November 2014 sale, where it rises to 205% above the HPI. The line then continues to track at 205% above the HPI.

What might LOFTS COTTAGE be worth now?

LOFTS COTTAGE might now be worth an estimated £588,900.

This is based on house price inflation of 61.3%, between November 2014 and July 2025, for terraced 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 61.3% inflationary increase is applied to the most recent sale price for LOFTS COTTAGE of £365,000 on 19th November 2014. For the value to have increased from £365,000 to £588,900 over the eleven years and four months to July 2025, the following assumptions must hold true:

• The value of LOFTS COTTAGE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The November 2014 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of LOFTS COTTAGE has not materially changed since November 2014.

How Large is LOFTS COTTAGE?

LOFTS COTTAGE is 171m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of terraced houses houses in Claypole, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Claypole, and where LOFTS COTTAGE lies on this distribution: 85% of terraced houses houses are smaller than LOFTS COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Claypole.

LOFTS COTTAGE: Plot and Title Map

LOFTS COTTAGE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of LOFTS 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 LOFTS 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 LOFTS COTTAGE?

LOFTS COTTAGE, CLEVELAND FARM is located on MAIN STREET in CLAYPOLE, in the NG23 postcode district. The below map shows the position of LOFTS COTTAGE, CLEVELAND FARM on MAIN STREET.