LATCHMERE COTTAGE, MAIN STREET, NEWTON, NOTTINGHAM, NG13 8HN - £490,000

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

LATCHMERE COTTAGE is a very large extended detached house of 224m², built sometime between 1950 and 1966. It was last sold for £490,000 in July 2014, which was around 68% above the average July 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2014, where the current energy rating was F, and the potential energy rating was C.

LATCHMERE COTTAGE Sold Prices

Land registry data shows two sales for LATCHMERE 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 LATCHMERE 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
2014 4 JUL	£490,000	£291,917	68% above HPI
1997 18 AUG	£250,000	£99,679	151% above HPI

LATCHMERE 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 LATCHMERE COTTAGE sales from August 1997 and July 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 August 1997 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the July 2014 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is LATCHMERE COTTAGE?

LATCHMERE COTTAGE is 224m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses in Newton, based on EPC data. The below chart shows the distribution of detached houses by size in Newton, and where LATCHMERE COTTAGE lies on this distribution: 98% of detached houses are smaller than LATCHMERE COTTAGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Newton.

LATCHMERE COTTAGE: Plot and Title Map

LATCHMERE COTTAGE sits on a plot of roughly 1.2 acres, or 4,983m². The below map shows the location of LATCHMERE 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 LATCHMERE 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 LATCHMERE COTTAGE?

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