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
18 MAIN ROAD is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £333,000 in November 2021, which was around 24% below the average November 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 18 MAIN ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 18 MAIN ROAD 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 19 NOV | £333,000 | £440,304 | 24% below HPI |
2019 7 OCT | £295,000 | £378,581 | 22% below HPI |
2007 7 DEC | £245,000 | £282,703 | 13% below HPI |
1995 26 OCT | £68,000 | £90,753 | 25% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 18 MAIN ROAD sales between October 1995 and November 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 October 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
18 MAIN ROAD is 84m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Cotgrave, and where 18 MAIN ROAD lies on this distribution: 19% of detached houses are smaller than 18 MAIN ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.
18 MAIN ROAD sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 18 MAIN ROAD, 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 18 MAIN ROAD). 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.
18 MAIN ROAD is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 18 on MAIN ROAD.