SPRING COTTAGE, MAIN STREET, GAMSTON, NOTTINGHAM, NG2 6NN - £217,500

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.

SPRING COTTAGE is a very small semi-detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £386,002. It was last sold for £217,500 in September 2010, which was around 24% above the average September 2010 semi-detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

SPRING COTTAGE Sold Prices

Land registry data shows two sales for SPRING 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. One of the two SPRING COTTAGE sales was for above the average price, whilst the other was 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
2010 22 SEP	£217,500	£175,340	24% above HPI
1997 21 NOV	£59,995	£60,972	2% below HPI

SPRING 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 SPRING COTTAGE sales from November 1997 and September 2010 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 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2010 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £386,002.

This is based on house price inflation of 77.5%, between September 2010 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 77.5% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £217,500 on 22nd September 2010. For the value to have increased from £217,500 to £386,002 over the fifteen years and seven months to February 2025, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for semi-detached houses in the Rushcliffe local authority area.
• The September 2010 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since September 2010.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 82m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% 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 SPRING COTTAGE lies on this distribution: 10% of semi-detached houses houses are smaller than SPRING COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gamston.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

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