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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 THE OLD PARK is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £327,076. 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	£273,657	32% below HPI
2003 22 AUG	£150,000	£235,257	36% below HPI
1996 23 AUG	£59,995	£90,470	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.

What might 3 THE OLD PARK be worth now?

3 THE OLD PARK might now be worth an estimated £327,076.

This is based on house price inflation of 76.3%, between September 2006 and December 2024, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.3% inflationary increase is applied to the most recent sale price for 3 THE OLD PARK of £185,500 on 8th September 2006. For the value to have increased from £185,500 to £327,076 over the seventeen years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 THE OLD PARK has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2006 sale price of £185,500 represented a fair market value for the property.
• The size, condition, and specification of 3 THE OLD PARK has not materially changed since September 2006.

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 houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cotgrave, and where 3 THE OLD PARK lies on this distribution: 7% of detached houses 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.