WELWYN COTTAGE, NEW BRICKYARD LANE, KEGWORTH, DERBY, DE74 2EX - £730,000

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.

WELWYN COTTAGE is a very large extended detached house of 220m², built sometime between 1967 and 1975, which could now be worth an estimated £767,460. It was last sold for £730,000 in November 2022, which was around 93% above the average November 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was F, and the potential energy rating was C.

WELWYN COTTAGE Sold Prices

Land registry data shows three sales for WELWYN 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 North West Leicestershire local authority area for the corresponding sale date. All of the three WELWYN 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
2022 28 NOV	£730,000	£377,998	93% above HPI
2020 11 AUG	£510,000	£317,305	61% above HPI
1997 27 MAY	£185,000	£84,610	119% above HPI

WELWYN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three WELWYN COTTAGE sales between May 1997 and November 2022 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 2020 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the November 2022 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might WELWYN COTTAGE be worth now?

WELWYN COTTAGE might now be worth an estimated £767,460.

This is based on house price inflation of 5.1%, between November 2022 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.1% inflationary increase is applied to the most recent sale price for WELWYN COTTAGE of £730,000 on 28th November 2022. For the value to have increased from £730,000 to £767,460 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of WELWYN COTTAGE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The November 2022 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of WELWYN COTTAGE has not materially changed since November 2022.

How Large is WELWYN COTTAGE?

WELWYN COTTAGE is 220m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses houses in Kegworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kegworth, and where WELWYN COTTAGE lies on this distribution: 95% of detached houses houses are smaller than WELWYN COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Kegworth.

WELWYN COTTAGE: Plot and Title Map

WELWYN COTTAGE sits on a plot of roughly 1.9 acres, or 7,865m². The below map shows the location of WELWYN 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 WELWYN 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 WELWYN COTTAGE?

WELWYN COTTAGE is located on NEW BRICKYARD LANE in KEGWORTH, in the DE74 postcode district. The below map shows the position of WELWYN COTTAGE on NEW BRICKYARD LANE.