THE COTTAGE, COTTAGE PASTURE LANE, GUNTHORPE, NOTTINGHAM, NG14 7EQ - £273,000

THE COTTAGE is a very small detached house of 50m², built sometime between 1967 and 1975. It was last sold for £273,000 in February 2019, which was around 3% above the average February 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the two THE 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
2019 21 FEB	£273,000	£265,283	3% above HPI
1996 23 AUG	£65,000	£76,024	15% below HPI

THE 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 two THE COTTAGE sales from August 1996 and February 2019 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 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 50m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Gunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Gunthorpe, and where THE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than THE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gunthorpe.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on COTTAGE PASTURE LANE in GUNTHORPE, in the NG14 postcode district. The below map shows the position of THE COTTAGE on COTTAGE PASTURE LANE.