APRIL COTTAGE, BRIDEGATE LANE, HICKLING, MELTON MOWBRAY, LE14 3AA - £330,000

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

APRIL COTTAGE is a very small detached house of 82m², built sometime before 1900. It was last sold for £330,000 in September 2020, which was around 19% below the average September 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was A.

APRIL COTTAGE Sold Prices

Land registry data shows four sales for APRIL COTTAGE 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. Most of the four APRIL COTTAGE 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 8 SEP	£330,000	£405,403	19% below HPI
2006 18 JUL	£250,000	£271,113	8% below HPI
2001 22 AUG	£155,000	£158,388	2% below HPI
1998 30 JAN	£117,000	£104,493	12% above HPI

APRIL COTTAGE 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 APRIL COTTAGE sales between January 1998 and September 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 July 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is APRIL COTTAGE?

APRIL COTTAGE is 82m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses by size in Hickling, and where APRIL COTTAGE lies on this distribution: 6% of detached houses are smaller than APRIL COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hickling.

APRIL COTTAGE: Plot and Title Map

APRIL COTTAGE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of APRIL COTTAGE, 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 APRIL COTTAGE). 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 APRIL COTTAGE?

APRIL COTTAGE is located on BRIDEGATE LANE in HICKLING, in the LE14 postcode district. The below map shows the position of APRIL COTTAGE on BRIDEGATE LANE.