15, WESTWAY, COTGRAVE, NOTTINGHAM, NG12 3QB - £178,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 WESTWAY is a midsized extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £339,707. It was last sold for £178,000 in June 2005, which was around 30% below the average June 2005 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

15 WESTWAY Sold Prices

Land registry data shows two sales for 15 WESTWAY 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 15 WESTWAY 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
2005 3 JUN	£178,000	£252,829	30% below HPI
2000 21 JAN	£74,950	£124,444	40% below HPI

15 WESTWAY 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 15 WESTWAY sales from January 2000 and June 2005 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 January 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2005 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 15 WESTWAY be worth now?

15 WESTWAY might now be worth an estimated £339,707.

This is based on house price inflation of 90.8%, between June 2005 and December 2024, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 90.8% inflationary increase is applied to the most recent sale price for 15 WESTWAY of £178,000 on 3rd June 2005. For the value to have increased from £178,000 to £339,707 over the eighteen years and six months to December 2024, the following assumptions must hold true:

• The value of 15 WESTWAY has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The June 2005 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WESTWAY has not materially changed since June 2005.

How Large is 15 WESTWAY?

15 WESTWAY is 106m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cotgrave, and where 15 WESTWAY lies on this distribution: 44% of detached houses houses are smaller than 15 WESTWAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

15 WESTWAY: Plot and Title Map

15 WESTWAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 15 WESTWAY, 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 15 WESTWAY). 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 15 WESTWAY?

15 WESTWAY is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 15 on WESTWAY.