The Homestead Cotton Mill Lane

    THE HOMESTEAD, COTTON MILL LANE, FARNSFIELD, NEWARK, NG22 8EJ

    This detached freehold property on Cotton Mill Lane last sold in October 2022 for £700,000. Based on price growth in the NG22 district since then, its estimated current value is £699,049 — placing it in the 90th percentile nationally and the 96th percentile within NG22. The property covers 152 m² (1,636 sq ft), giving an estimated value of £4,599 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,636 sq ft

    152 m²

    Last Sale Price

    £700,000

    Oct 2022

    Estimated Valuation

    £699,049

    Est. £/sq ft

    £427/sq ft

    £4,599/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialA
    Floor area1,636 sq ft (152 m²)
    EPC dateMay 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Oct 2022

    £700,000

    Key Metrics

    Estimated valuation£699,049
    Value per sq ft / m²£427/sq ft (£4,599/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG22 district percentile96th percentile
    National percentile90th percentile

    District Context — NG22

    NG22 covers the Mansfield and Forest Town area in Nottinghamshire, situated in the East Midlands between Nottingham and Chesterfield. It is a historic market town community with a traditional working and middle-class character, offering affordable property and strong rental demand.

    Average Property Price - NG22

    £270,176

    34

    National percentile

    Average Net Household Income - NG22

    £39,903

    58

    National percentile

    10-Year Annualised Price Growth - NG22

    3.8%

    59

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG22

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