1, COTTAGE LANE, MARLBROOK, BROMSGROVE, B60 1DP - £365,000

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

1 COTTAGE LANE is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £365,000 in July 2020, which was around 14% below the average July 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

1 COTTAGE LANE Sold Prices

Land registry data shows three sales for 1 COTTAGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 1 COTTAGE LANE 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
2020 31 JUL	£365,000	£425,500	14% below HPI
2005 23 JUN	£245,000	£284,939	14% below HPI
1997 18 APR	£98,000	£114,197	14% below HPI

1 COTTAGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 1 COTTAGE LANE sales between April 1997 and July 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 June 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2020 sale, which was also at 14% below the HPI.

How Large is 1 COTTAGE LANE?

1 COTTAGE LANE is 142m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 30% of detached houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Marlbrook, and where 1 COTTAGE LANE lies on this distribution: 78% of detached houses are smaller than 1 COTTAGE LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

1 COTTAGE LANE: Plot and Title Map

1 COTTAGE LANE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 1 COTTAGE LANE, 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 1 COTTAGE LANE). 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 1 COTTAGE LANE?

1 COTTAGE LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 1 on COTTAGE LANE.