WHEATSHEAF COTTAGE, MAIN STREET, FARNSFIELD, NEWARK, NG22 8EA - £318,500

WHEATSHEAF COTTAGE is a midsized extended detached house of 130m², built sometime before 1900. It was last sold for £318,500 in January 2021, which was around 8% above the average January 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

WHEATSHEAF COTTAGE Sold Prices

Land registry data shows three sales for WHEATSHEAF 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 WHEATSHEAF 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
2021 12 JAN	£318,500	£296,233	8% above HPI
2001 16 FEB	£120,000	£97,421	23% above HPI
1998 8 MAY	£112,500	£79,995	41% above HPI

WHEATSHEAF 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 WHEATSHEAF COTTAGE sales between May 1998 and January 2021 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 February 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is WHEATSHEAF COTTAGE?

WHEATSHEAF COTTAGE is 130m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 WHEATSHEAF COTTAGE lies on this distribution: 54% of detached houses are smaller than WHEATSHEAF COTTAGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

WHEATSHEAF COTTAGE: Plot and Title Map

WHEATSHEAF COTTAGE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of WHEATSHEAF 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 WHEATSHEAF 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 WHEATSHEAF COTTAGE?

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