40, WESTWAY, COTGRAVE, NOTTINGHAM, NG12 3QD - £222,000

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

40 WESTWAY is a very small detached house of 62m², built sometime between 1976 and 1982. It was last sold for £222,000 in February 2020, which was around 43% below the average February 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

40 WESTWAY Sold Prices

Land registry data shows two sales for 40 WESTWAY 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 40 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
2020 27 FEB	£222,000	£386,622	43% below HPI
2000 11 DEC	£74,950	£143,954	48% below HPI

40 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 two 40 WESTWAY sales from December 2000 and February 2020 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 December 2000 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 40 WESTWAY?

40 WESTWAY is 62m² according to the EPC inspection conducted in March 2012. 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 40 WESTWAY lies on this distribution: 4% of detached houses are smaller than 40 WESTWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

40 WESTWAY: Plot and Title Map

40 WESTWAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 40 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 40 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 40 WESTWAY?

40 WESTWAY is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 40 on WESTWAY.