41, WESTWAY, COTGRAVE, NOTTINGHAM, NG12 3QB - £169,950

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

41 WESTWAY is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £169,950 in March 2015, which was around 44% below the average March 2015 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

41 WESTWAY Sold Prices

Land registry data shows three sales for 41 WESTWAY 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 41 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
2015 31 MAR	£169,950	£305,547	44% below HPI
2006 3 AUG	£182,000	£275,455	34% below HPI
2001 15 JUN	£93,950	£158,301	41% below HPI

41 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 three 41 WESTWAY sales between June 2001 and March 2015 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 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2015 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 41 WESTWAY?

41 WESTWAY is 84m² according to the EPC inspection conducted in January 2015. 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 41 WESTWAY lies on this distribution: 19% of detached houses are smaller than 41 WESTWAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

41 WESTWAY: Plot and Title Map

41 WESTWAY sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 41 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 41 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 41 WESTWAY?

41 WESTWAY is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 41 on WESTWAY.