MARGARET COTTAGE, TIPPINGS LANE, FARNSFIELD, NEWARK, NG22 8EP - £215,000

MARGARET COTTAGE is a small extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £215,000 in September 2009, which was around 7% above the average September 2009 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was C.

MARGARET COTTAGE Sold Prices

Land registry data shows three sales for MARGARET 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. Two of the three MARGARET COTTAGE sales were for above the average price, whilst one was for below 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
2009 22 SEP	£215,000	£200,370	7% above HPI
2003 24 SEP	£162,000	£168,645	4% below HPI
1997 18 NOV	£85,000	£76,378	11% above HPI

MARGARET 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 MARGARET COTTAGE sales between November 1997 and September 2009 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 September 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2009 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is MARGARET COTTAGE?

MARGARET COTTAGE is 114m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where MARGARET COTTAGE lies on this distribution: 38% of detached houses are smaller than MARGARET COTTAGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

MARGARET COTTAGE: Plot and Title Map

MARGARET COTTAGE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of MARGARET 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 MARGARET 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 MARGARET COTTAGE?

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