CROMWELL COTTAGE, MAIN STREET, HICKLING, MELTON MOWBRAY, LE14 3AN - £220,000

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

CROMWELL COTTAGE is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £220,000 in October 2015, which was around 33% below the average October 2015 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

CROMWELL COTTAGE Sold Prices

Land registry data shows two sales for CROMWELL COTTAGE 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 CROMWELL 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
2015 26 OCT	£220,000	£330,791	33% below HPI
2008 16 DEC	£175,000	£245,954	29% below HPI

CROMWELL 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 two CROMWELL COTTAGE sales from December 2008 and October 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 December 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is CROMWELL COTTAGE?

CROMWELL COTTAGE is 66m², which includes one extension, according to the EPC inspection conducted in August 2015. 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 CROMWELL COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than CROMWELL COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hickling.

CROMWELL COTTAGE: Plot and Title Map

CROMWELL COTTAGE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of CROMWELL 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 CROMWELL 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 CROMWELL COTTAGE?

CROMWELL COTTAGE is located on MAIN STREET in HICKLING, in the LE14 postcode district. The below map shows the position of CROMWELL COTTAGE on MAIN STREET.