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
4 RISEGATE GARDENS is a very small extended detached house of 75m², built sometime between 1976 and 1982. It was last sold for £275,000 in November 2023, which was around 40% below the average November 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 4 RISEGATE GARDENS since 1st 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 4 RISEGATE GARDENS 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 17 NOV | £275,000 | £458,420 | 40% below HPI |
1996 21 JUN | £69,750 | £89,309 | 22% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 4 RISEGATE GARDENS sales from June 1996 and November 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 June 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
4 RISEGATE GARDENS is 75m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 4 RISEGATE GARDENS lies on this distribution: 11% of detached houses are smaller than 4 RISEGATE GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.
4 RISEGATE GARDENS sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 4 RISEGATE GARDENS, 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 4 RISEGATE GARDENS). 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.
4 RISEGATE GARDENS is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 4 on RISEGATE GARDENS.