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
14 THE RUSHES is a very large extended detached house of 157m², built sometime between 1976 and 1982. It was last sold for £480,000 in January 2024, which was around 5% above the average January 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 14 THE RUSHES since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Two of the three 14 THE RUSHES sales were for above the average price, whilst one was 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 |
---|---|---|---|
2024 9 JAN | £480,000 | £457,167 | 5% above HPI |
2020 16 OCT | £405,000 | £400,910 | 1% above HPI |
2018 21 JUN | £240,000 | £373,181 | 36% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 14 THE RUSHES sales between June 2018 and January 2024 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 October 2020 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.
14 THE RUSHES is 157m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in Gotham, based on EPC data. The below chart shows the distribution of detached houses by size in Gotham, and where 14 THE RUSHES lies on this distribution: 82% of detached houses are smaller than 14 THE RUSHES, and 18% of houses are larger. Note that EPC data is not available for all properties in Gotham.
14 THE RUSHES sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 14 THE RUSHES, 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 14 THE RUSHES). 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.
14 THE RUSHES is located in GOTHAM, in the NG11 postcode district. The below map shows the position of No. 14 on THE RUSHES.