8, DIAMOND COTTAGES, OWTHORPE ROAD, COTGRAVE, NOTTINGHAM, NG12 3PA - £215,000

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.

8 DIAMOND COTTAGES is a midsized terraced house of 105m², built sometime from 2007 onwards, which could now be worth an estimated £273,297. It was last sold for £215,000 in March 2020, which was around 14% above the average March 2020 terraced price in the Rushcliffe local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

8 DIAMOND COTTAGES Sold Prices

Land registry data shows two sales for 8 DIAMOND COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 8 DIAMOND COTTAGES 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
2020 20 MAR	£215,000	£188,160	14% above HPI
2011 5 SEP	£152,000	£137,529	11% above HPI

8 DIAMOND COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 8 DIAMOND COTTAGES sales from September 2011 and March 2020 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 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 8 DIAMOND COTTAGES be worth now?

8 DIAMOND COTTAGES might now be worth an estimated £273,297.

This is based on house price inflation of 27.1%, between March 2020 and June 2025, for terraced 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 27.1% inflationary increase is applied to the most recent sale price for 8 DIAMOND COTTAGES of £215,000 on 20th March 2020. For the value to have increased from £215,000 to £273,297 over the four years and nine months to June 2025, the following assumptions must hold true:

• The value of 8 DIAMOND COTTAGES has moved in line with the HPI for terraced houses in the Rushcliffe local authority area.
• The March 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DIAMOND COTTAGES has not materially changed since March 2020.

How Large is 8 DIAMOND COTTAGES?

8 DIAMOND COTTAGES is 105m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of terraced houses houses in Cotgrave, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cotgrave, and where 8 DIAMOND COTTAGES lies on this distribution: 43% of terraced houses houses are smaller than 8 DIAMOND COTTAGES, and 56% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

8 DIAMOND COTTAGES: Plot and Title Map

8 DIAMOND COTTAGES sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 8 DIAMOND COTTAGES, 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 8 DIAMOND COTTAGES). 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 8 DIAMOND COTTAGES?

8 DIAMOND COTTAGES is located on OWTHORPE ROAD in COTGRAVE, in the NG12 postcode district. The below map shows the position of 8 DIAMOND COTTAGES on OWTHORPE ROAD.