NURSERY COTTAGE, STATION ROAD, OLLERTON, NEWARK, NG22 9BW - £193,000

NURSERY COTTAGE is a very small extended detached house of 72m², built sometime before 1900. It was last sold for £193,000 in November 2019, which was around 29% below the average November 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

NURSERY COTTAGE Sold Prices

Land registry data shows three sales for NURSERY 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 NURSERY COTTAGE sales were 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
2019 8 NOV	£193,000	£273,519	29% below HPI
2007 30 MAY	£152,500	£219,182	30% below HPI
2003 9 OCT	£99,950	£169,431	41% below HPI

NURSERY 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 NURSERY COTTAGE sales between October 2003 and November 2019 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is NURSERY COTTAGE?

NURSERY COTTAGE is 72m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where NURSERY COTTAGE lies on this distribution: 8% of detached houses are smaller than NURSERY COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

NURSERY COTTAGE: Plot and Title Map

NURSERY COTTAGE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of NURSERY 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 NURSERY 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 NURSERY COTTAGE?

NURSERY COTTAGE is located on STATION ROAD in OLLERTON, in the NG22 postcode district. The below map shows the position of NURSERY COTTAGE on STATION ROAD.