ROSE COTTAGE, MAIN STREET, FARNSFIELD, NEWARK, NG22 8EF - £350,000

ROSE COTTAGE is a midsized detached house of 125m², built sometime before 1900. It was last sold for £350,000 in January 2019, which was around 30% above the average January 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE 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 ROSE 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
2019 7 JAN	£350,000	£269,941	30% above HPI
1998 10 DEC	£127,000	£82,938	53% above HPI

ROSE 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 ROSE COTTAGE sales from December 1998 and January 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 December 1998 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2019 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 125m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where ROSE COTTAGE lies on this distribution: 48% of detached houses are smaller than ROSE COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on MAIN STREET in FARNSFIELD, in the NG22 postcode district. The below map shows the position of ROSE COTTAGE on MAIN STREET.