WEST LEA COTTAGE, MAIN STREET, CROPWELL BUTLER, NOTTINGHAM, NG12 3AB - £277,500

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.

WEST LEA COTTAGE is a very small extended semi-detached house of 72m², built sometime before 1900, which could now be worth an estimated £289,592. It was last sold for £277,500 in September 2022, which was around 7% below the average September 2022 semi-detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

WEST LEA COTTAGE Sold Prices

Land registry data shows two sales for WEST LEA 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. Both of the two WEST LEA COTTAGE sales were 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
2022 14 SEP	£277,500	£298,187	7% below HPI
2014 14 FEB	£125,000	£177,639	30% below HPI

WEST LEA 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 WEST LEA COTTAGE sales from February 2014 and September 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 February 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might WEST LEA COTTAGE be worth now?

WEST LEA COTTAGE might now be worth an estimated £289,592.

This is based on house price inflation of 4.4%, between September 2022 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 4.4% inflationary increase is applied to the most recent sale price for WEST LEA COTTAGE of £277,500 on 14th September 2022. For the value to have increased from £277,500 to £289,592 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of WEST LEA COTTAGE has moved in line with the HPI for semi-detached houses in the Rushcliffe local authority area.
• The September 2022 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of WEST LEA COTTAGE has not materially changed since September 2022.

How Large is WEST LEA COTTAGE?

WEST LEA COTTAGE is 72m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of semi-detached houses houses in Cropwell Butler, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cropwell Butler, and where WEST LEA COTTAGE lies on this distribution: 5% of semi-detached houses houses are smaller than WEST LEA COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cropwell Butler.

WEST LEA COTTAGE: Plot and Title Map

WEST LEA COTTAGE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of WEST LEA 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 WEST LEA 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 WEST LEA COTTAGE?

WEST LEA COTTAGE is located on MAIN STREET in CROPWELL BUTLER, in the NG12 postcode district. The below map shows the position of WEST LEA COTTAGE on MAIN STREET.