Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU

Semi-detached
3
2982 sq ft
29.5%
PROPERTY VALUATION
£
Last sold: November 2019
INVESTMENT PERFORMANCE
Investment return: N/A
PRICE CHANGE
£81,000
Percentage change: +29.5%
REFINE VALUATION

Property summary Last updated: 03/05/2024

Last updated: 03/05/2024

Grove Farm Cottage, Main Street is a 3 bedroom semi-detached house spread over 2,982 square feet, making it one of the bigger properties here - it is ranked as the 11th most expensive property* in NG14 6AU, with a valuation of £356,000.

Since it last sold in November 2019 for £275,000, its value has increased by £81,000.

Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU
Grove Farm Cottage, Main Street, Nottingham (1 of 7 - keep reading for more)

We expect this property to be in poor condition (or is significantly less desirable for some other reason) based on its price per square foot.

  • The latest sale in NG14 6AU went for £1.18M on 23 Jul 2020.
  • The average current property value here is £943,000.
  • 3 properties have sold in NG14 6AU over the last 5 years.
  • 41 semi-detached houses have sold at an average price of £233,000 in NG14 6 over the last 12 months.
  • Semi-detached houses have been selling for £255 per square foot across NG14 6.
Recent sales
Searching for recent sales near here

Expected property condition

At a sale price of £356k, we expect this property to be in a significantly worse condition than the neighbouring properties in the road.

As it has a lower cost per square foot than other properties in the road, we think it is more likely to be in a worse condition than the other properties here.

However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.

At a valuation of £356k this property has a cost per square foot of £119 - this is substantially less than the average for the area (which is currently £291).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £999k.
  • Using the average CPSF for the whole road - it would be worth £868k.

The local market - Main Street, NG14 6AU

  • The average property value here is £943,000.
    • Valuations range from £356,000 to £1,611,000.
  • Main Street has 7 postcodes associated with it.
    • The average price of property in Main Street is £509,205.
    • Property in Main Street typically sells for between £247 and £335 per square foot.
    • Properties in Main Street are currently valued at an average cost per square foot of £291.
29%
This property has increased in price by 29% since it last sold 4 years ago.
62%
This property is 62% less expensive than average in Main Street, NG14 6AU.

Sale history

The most paid for a property in Main Street, NG14 6AU was £1,180,000 in 2020.

Date Price Change
Today's value* £356,000 29.5%
15 Nov 2019 £275,000 -
Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU
Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU
Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU
Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU
Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU
Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU
Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU

Valuation details

The most likely sale price is £356,000 but at the lower end we think it should fetch a minimum of £336,000.

This property has increased in price by £81,000 since it last sold in 2019 - this equates to a 5.9% rise each year.

At its last energy performance certificate inspection, it got a below average rating for this postcode with a score of 29 out of 100.

On a cost per square foot basis, this property is valued at 64% less than the other houses in this postcode.

Essential info

  • 3 bedroom freehold semi-detached house
  • 2,982 square feet
  • 12% bigger than the average property in this postcode
  • 62% less expensive than the average here

This property is currently valued at £119 per square foot - the average cost per square foot for this postcode is £335.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £447,000.

Essential buying details

  • Built between 1900 and 1929, the property has sold once over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £336k and £376k.

  • This property only has one recorded sale so it doesn't have a historic investment return or rating yet.

PropertyValuation
Grove Farm Cottage, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU Grove Farm Cottage, Main Street
3 bed | 2982 sq. ft.
£356,000
Grange View, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU Grange View, Main Street
4 bed | 1464 sq. ft.
£600,000
The Old Farm House, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU The Old Farm House, Main Street
4 bed | 2626 sq. ft.
£651,000
Redroof, Main Street
£785,000
Hazelwych, Main Street
£904,000
Ivy Cottage, Main Street
2379 sq.ft.
£925,000
Lanesmeet, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU Lanesmeet, Main Street
4 bed | 3014 sq. ft.
£1,114,000
Dovecote House, Main Street, Epperstone, Nottingham, Newark And Sherwood, Nottinghamshire, NG14 6AU Dovecote House, Main Street
4 bed
£1,274,000
Grove Farm, Main Street
3552 sq.ft.
£1,452,000
The Cottage, Main Street
£1,611,000
OFFERS EXPECTED TO BE IN THE REGION OF:
£336k - £376k

Most likely sale price: £356k

Tell us about the condition of the property to get a more accurate valuation.

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.