3, THE OLD PARK, COTGRAVE, NOTTINGHAM, NG12 3TN - £185,500

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

3 THE OLD PARK is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £185,500 in September 2006, which was around 32% below the average September 2006 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 THE OLD PARK Sold Prices

Land registry data shows three sales for 3 THE OLD PARK since 1^st 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 3 THE OLD PARK 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
2006 8 SEP	£185,500	£273,644	32% below HPI
2003 22 AUG	£150,000	£235,246	36% below HPI
1996 23 AUG	£59,995	£90,465	34% below HPI

3 THE OLD PARK 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 three 3 THE OLD PARK sales between August 1996 and September 2006 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 August 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2006 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 THE OLD PARK?

3 THE OLD PARK is 70m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Cotgrave, and where 3 THE OLD PARK lies on this distribution: 7% of detached houses are smaller than 3 THE OLD PARK, and 93% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

3 THE OLD PARK: Plot and Title Map

3 THE OLD PARK sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 3 THE OLD PARK, 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 3 THE OLD PARK). 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 3 THE OLD PARK?

3 THE OLD PARK is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 3 on THE OLD PARK.