CORNER COTTAGE, MAIN STREET, LANGAR, NOTTINGHAM, NG13 9HE - £79,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CORNER COTTAGE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £294,861. It was last sold for £79,500 in June 2000, which was around 41% below the average June 2000 detached price in the Rushcliffe local authority area. The most recent EPC inspection was December 2023, where the current energy rating was F, and the potential energy rating was B.

CORNER COTTAGE Sold Prices

Land registry data shows three sales for CORNER COTTAGE 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 CORNER 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
2000 23 JUN	£79,500	£134,874	41% below HPI
1998 4 NOV	£71,450	£107,511	34% below HPI
1995 22 FEB	£62,000	£89,641	31% below HPI

CORNER 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 three CORNER COTTAGE sales between February 1995 and June 2000 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 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2000 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might CORNER COTTAGE be worth now?

CORNER COTTAGE might now be worth an estimated £294,861.

This is based on house price inflation of 270.9%, between June 2000 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 270.9% inflationary increase is applied to the most recent sale price for CORNER COTTAGE of £79,500 on 23rd June 2000. For the value to have increased from £79,500 to £294,861 over the 25 years and four months to February 2025, the following assumptions must hold true:

• The value of CORNER COTTAGE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The June 2000 sale price of £79,500 represented a fair market value for the property.
• The size, condition, and specification of CORNER COTTAGE has not materially changed since June 2000.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 71m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 20% of detached houses houses in Langar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langar, and where CORNER COTTAGE lies on this distribution: 11% of detached houses houses are smaller than CORNER COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Langar.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located on MAIN STREET in LANGAR, in the NG13 postcode district. The below map shows the position of CORNER COTTAGE on MAIN STREET.