12, GRIPPS COMMON, COTGRAVE, NOTTINGHAM, NG12 3TF - £195,000

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 GRIPPS COMMON is a very small extended detached house of 66m², built sometime between 1983 and 1990. It was last sold for £195,000 in July 2016, which was around 41% below the average July 2016 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

12 GRIPPS COMMON Sold Prices

Land registry data shows two sales for 12 GRIPPS COMMON 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 GRIPPS COMMON 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
2016 15 JUL	£195,000	£330,186	41% below HPI
2005 18 JUL	£160,000	£257,855	38% below HPI

12 GRIPPS COMMON 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 GRIPPS COMMON sales from July 2005 and July 2016 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 July 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 12 GRIPPS COMMON?

12 GRIPPS COMMON is 66m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 GRIPPS COMMON lies on this distribution: 5% of detached houses are smaller than 12 GRIPPS COMMON, and 95% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

12 GRIPPS COMMON: Plot and Title Map

12 GRIPPS COMMON sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 12 GRIPPS COMMON, 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 GRIPPS COMMON). 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 GRIPPS COMMON?

12 GRIPPS COMMON is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 12 on GRIPPS COMMON.