7, ASH LEA CLOSE, COTGRAVE, NOTTINGHAM, NG12 3PR - £245,000

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

7 ASH LEA CLOSE is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £245,000 in January 2015, which was around 20% below the average January 2015 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

7 ASH LEA CLOSE Sold Prices

Land registry data shows two sales for 7 ASH LEA CLOSE 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 7 ASH LEA CLOSE 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 30 JAN	£245,000	£304,734	20% below HPI
2003 28 NOV	£175,000	£245,801	29% below HPI

7 ASH LEA CLOSE 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 7 ASH LEA CLOSE sales from November 2003 and January 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 November 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 ASH LEA CLOSE?

7 ASH LEA CLOSE is 102m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Cotgrave, and where 7 ASH LEA CLOSE lies on this distribution: 40% of detached houses are smaller than 7 ASH LEA CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

7 ASH LEA CLOSE: Plot and Title Map

7 ASH LEA CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 7 ASH LEA CLOSE, 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 7 ASH LEA CLOSE). 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 7 ASH LEA CLOSE?

7 ASH LEA CLOSE is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 7 on ASH LEA CLOSE.