FORTH COTTAGE, MAIN STREET, GAMSTON, NOTTINGHAM, NG2 6NN - £307,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FORTH COTTAGE is a small extended semi-detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £408,292. It was last sold for £307,000 in June 2018, which was around 31% above the average June 2018 semi-detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

FORTH COTTAGE Sold Prices

Land registry data shows two sales for FORTH COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two FORTH COTTAGE sales were for above 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
2018 8 JUN	£307,000	£233,980	31% above HPI
1995 13 APR	£57,750	£52,973	9% above HPI

FORTH COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two FORTH COTTAGE sales from April 1995 and June 2018 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 April 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2018 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might FORTH COTTAGE be worth now?

FORTH COTTAGE might now be worth an estimated £408,292.

This is based on house price inflation of 33%, between June 2018 and February 2025, for semi-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 33% inflationary increase is applied to the most recent sale price for FORTH COTTAGE of £307,000 on 8th June 2018. For the value to have increased from £307,000 to £408,292 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of FORTH COTTAGE has moved in line with the HPI for semi-detached houses in the Rushcliffe local authority area.
• The June 2018 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of FORTH COTTAGE has not materially changed since June 2018.

How Large is FORTH COTTAGE?

FORTH COTTAGE is 93m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of semi-detached houses houses in Gamston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gamston, and where FORTH COTTAGE lies on this distribution: 22% of semi-detached houses houses are smaller than FORTH COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Gamston.

FORTH COTTAGE: Plot and Title Map

FORTH COTTAGE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of FORTH 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 FORTH 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 FORTH COTTAGE?

FORTH COTTAGE is located on MAIN STREET in GAMSTON, in the NG2 postcode district. The below map shows the position of FORTH COTTAGE on MAIN STREET.