29, MILL LANE, COTGRAVE, NOTTINGHAM, NG12 3HP - £170,000

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

29 MILL LANE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £170,000 in June 2018, which was around 54% below the average June 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

29 MILL LANE Sold Prices

Land registry data shows two sales for 29 MILL LANE 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 29 MILL LANE 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
2018 7 JUN	£170,000	£373,181	54% below HPI
1997 22 APR	£74,000	£95,302	22% below HPI

29 MILL LANE 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 29 MILL LANE sales from April 1997 and June 2018 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 April 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2018 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 29 MILL LANE?

29 MILL LANE is 77m² according to the EPC inspection conducted in February 2018. 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 29 MILL LANE lies on this distribution: 12% of detached houses are smaller than 29 MILL LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

29 MILL LANE: Plot and Title Map

29 MILL LANE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 29 MILL LANE, 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 29 MILL LANE). 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 29 MILL LANE?

29 MILL LANE is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 29 on MILL LANE.