114, COTTAGE LANE, MARLBROOK, BROMSGROVE, B60 1DT - £345,000

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

114 COTTAGE LANE is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £345,000 in November 2020, which was around 24% below the average November 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

114 COTTAGE LANE Sold Prices

Land registry data shows two sales for 114 COTTAGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 114 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 12 NOV	£345,000	£456,675	24% below HPI
2016 3 NOV	£315,000	£379,982	17% below HPI

114 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 two 114 COTTAGE LANE sales from November 2016 and November 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 November 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 114 COTTAGE LANE?

114 COTTAGE LANE is 116m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% 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 114 COTTAGE LANE lies on this distribution: 48% of detached houses are smaller than 114 COTTAGE LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

114 COTTAGE LANE: Plot and Title Map

114 COTTAGE LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 114 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 114 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 114 COTTAGE LANE?

114 COTTAGE LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 114 on COTTAGE LANE.