WEAVERS COTTAGE, GONALSTON LANE, HOVERINGHAM, NOTTINGHAM, NG14 7JH - £480,000

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

WEAVERS COTTAGE is a midsized detached house of 178m², built sometime between 1991 and 1995. It was last sold for £480,000 in October 2017, which was around 81% above the average October 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was A.

WEAVERS COTTAGE Sold Prices

Land registry data shows three sales for WEAVERS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the three WEAVERS COTTAGE sales were for above the average price, whilst one 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
2017 24 OCT	£480,000	£265,422	81% above HPI
1996 4 SEP	£165,000	£76,835	115% above HPI
1995 14 SEP	£50,000	£74,193	33% below HPI

WEAVERS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three WEAVERS COTTAGE sales between September 1995 and October 2017 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 September 1996 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the October 2017 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is WEAVERS COTTAGE?

WEAVERS COTTAGE is 178m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses in Hoveringham, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveringham, and where WEAVERS COTTAGE lies on this distribution: 45% of detached houses are smaller than WEAVERS COTTAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hoveringham.

WEAVERS COTTAGE: Plot and Title Map

WEAVERS COTTAGE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of WEAVERS 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 WEAVERS 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 WEAVERS COTTAGE?

WEAVERS COTTAGE is located on GONALSTON LANE in HOVERINGHAM, in the NG14 postcode district. The below map shows the position of WEAVERS COTTAGE on GONALSTON LANE.