28, WESTWAY, COTGRAVE, NOTTINGHAM, NG12 3QD - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 WESTWAY is a midsized extended detached house of 125m², built sometime between 1976 and 1982. It was last sold for £335,000 in July 2023, which was around 26% below the average July 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

28 WESTWAY Sold Prices

Land registry data shows four sales for 28 WESTWAY since 1^st 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 28 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
2023 3 JUL	£335,000	£454,863	26% below HPI
2007 27 JUL	£217,000	£282,176	23% below HPI
2001 2 MAR	£97,000	£146,703	34% below HPI
1997 12 SEP	£77,950	£102,333	24% below HPI

28 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 four 28 WESTWAY sales between September 1997 and July 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 July 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 28 WESTWAY?

28 WESTWAY is 125m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Cotgrave, and where 28 WESTWAY lies on this distribution: 58% of detached houses are smaller than 28 WESTWAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

28 WESTWAY: Plot and Title Map

28 WESTWAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 28 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 28 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 28 WESTWAY?

28 WESTWAY is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 28 on WESTWAY.