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
22 RISEGATE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £365,000 in June 2023, which was around 21% below the average June 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 22 RISEGATE 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. All of the three 22 RISEGATE 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 |
---|---|---|---|
2023 9 JUN | £365,000 | £461,892 | 21% below HPI |
2020 6 JAN | £200,000 | £386,877 | 48% below HPI |
1998 7 JUL | £57,000 | £108,840 | 48% 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 22 RISEGATE sales between July 1998 and June 2023 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 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
22 RISEGATE is 81m² according to the EPC inspection conducted in June 2019. 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 22 RISEGATE lies on this distribution: 16% of detached houses are smaller than 22 RISEGATE, and 84% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.
22 RISEGATE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 22 RISEGATE, 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 22 RISEGATE). 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.
22 RISEGATE is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 22 on RISEGATE.