87, WESTWAY, COTGRAVE, NOTTINGHAM, NG12 3QB - £178,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

87 WESTWAY is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £178,500 in April 2014, which was around 37% below the average April 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

87 WESTWAY Sold Prices

Land registry data shows four sales for 87 WESTWAY 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 87 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
2014 4 APR	£178,500	£283,131	37% below HPI
2007 22 JUN	£172,500	£282,705	39% below HPI
2001 23 NOV	£109,000	£162,951	33% below HPI
1995 10 MAR	£48,500	£87,998	45% below HPI

87 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 four 87 WESTWAY sales between March 1995 and April 2014 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 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2014 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 87 WESTWAY?

87 WESTWAY is 79m² according to the EPC inspection conducted in April 2011. 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 87 WESTWAY lies on this distribution: 15% of detached houses are smaller than 87 WESTWAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

87 WESTWAY: Plot and Title Map

87 WESTWAY sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 87 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 87 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 87 WESTWAY?

87 WESTWAY is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 87 on WESTWAY.