12, FERN LEA AVENUE, COTGRAVE, NOTTINGHAM, NG12 3PX - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 FERN LEA AVENUE is a very small detached house of 62m², built sometime between 1976 and 1982. It was last sold for £170,000 in February 2021, which was around 59% below the average February 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

12 FERN LEA AVENUE Sold Prices

Land registry data shows two sales for 12 FERN LEA AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 12 FERN LEA AVENUE 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
2021 25 FEB	£170,000	£411,815	59% below HPI
1999 1 NOV	£67,000	£121,315	45% below HPI

12 FERN LEA AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 12 FERN LEA AVENUE sales from November 1999 and February 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 November 1999 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2021 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 12 FERN LEA AVENUE?

12 FERN LEA AVENUE is 62m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Cotgrave, and where 12 FERN LEA AVENUE lies on this distribution: 3% of detached houses are smaller than 12 FERN LEA AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

12 FERN LEA AVENUE: Plot and Title Map

12 FERN LEA AVENUE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 12 FERN LEA AVENUE, 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 12 FERN LEA AVENUE). 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 12 FERN LEA AVENUE?

12 FERN LEA AVENUE is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 12 on FERN LEA AVENUE.