MEADOW COTTAGE, MANSFIELD ROAD, FARNSFIELD, NEWARK, NG22 8HG - £225,000

MEADOW COTTAGE is a very small extended detached house of 80m², built sometime before 1900. It was last sold for £225,000 in February 2010, which was around 11% above the average February 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

MEADOW COTTAGE Sold Prices

Land registry data shows two sales for MEADOW 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 MEADOW 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
2010 19 FEB	£225,000	£202,266	11% above HPI
1997 3 OCT	£118,000	£79,464	48% above HPI

MEADOW 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 MEADOW COTTAGE sales from October 1997 and February 2010 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 October 1997 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2010 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is MEADOW COTTAGE?

MEADOW COTTAGE is 80m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where MEADOW COTTAGE lies on this distribution: 9% of detached houses are smaller than MEADOW COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

MEADOW COTTAGE: Plot and Title Map

MEADOW COTTAGE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of MEADOW 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 MEADOW 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 MEADOW COTTAGE?

MEADOW COTTAGE is located on MANSFIELD ROAD in FARNSFIELD, in the NG22 postcode district. The below map shows the position of MEADOW COTTAGE on MANSFIELD ROAD.