5, GRIPPS COMMON, COTGRAVE, NOTTINGHAM, NG12 3TF - £315,000

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

5 GRIPPS COMMON is a very large extended detached house of 156m², built sometime between 1983 and 1990. It was last sold for £315,000 in April 2019, which was around 17% below the average April 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

5 GRIPPS COMMON Sold Prices

Land registry data shows four sales for 5 GRIPPS COMMON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 5 GRIPPS COMMON 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
2019 29 APR	£315,000	£377,944	17% below HPI
2004 18 JUN	£187,000	£251,349	26% below HPI
2000 1 JUN	£96,000	£134,867	29% below HPI
1997 24 APR	£76,000	£95,302	20% below HPI

5 GRIPPS COMMON 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 four 5 GRIPPS COMMON sales between April 1997 and April 2019 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 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 GRIPPS COMMON?

5 GRIPPS COMMON is 156m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 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 5 GRIPPS COMMON lies on this distribution: 81% of detached houses are smaller than 5 GRIPPS COMMON, and 19% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

5 GRIPPS COMMON: Plot and Title Map

5 GRIPPS COMMON sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 5 GRIPPS COMMON, 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 5 GRIPPS COMMON). 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 5 GRIPPS COMMON?

5 GRIPPS COMMON is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 5 on GRIPPS COMMON.