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
RIVERSIDE COTTAGE is a small extended detached house of 96m², built sometime before 1900. It was last sold for £425,000 in December 2019, which was around 35% above the average December 2019 detached price in the Melton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for RIVERSIDE COTTAGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four RIVERSIDE 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 |
---|---|---|---|
2019 4 DEC | £425,000 | £314,551 | 35% above HPI |
2006 25 MAY | £282,000 | £226,324 | 25% above HPI |
2001 14 DEC | £205,000 | £137,027 | 50% above HPI |
1998 31 JUL | £125,000 | £95,587 | 31% above HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four RIVERSIDE COTTAGE sales between July 1998 and December 2019 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 May 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2019 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
RIVERSIDE COTTAGE is 96m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses by size in Bottesford, and where RIVERSIDE COTTAGE lies on this distribution: 31% of detached houses are smaller than RIVERSIDE COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bottesford.
RIVERSIDE COTTAGE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of RIVERSIDE 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 RIVERSIDE 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.
RIVERSIDE COTTAGE is located on RECTORY LANE in BOTTESFORD, in the NG13 postcode district. The below map shows the position of RIVERSIDE COTTAGE on RECTORY LANE.