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
116 COTTAGE LANE is a very large extended detached house of 255m², built sometime between 1930 and 1949. It was last sold for £575,000 in February 2021, which was around 28% above the average February 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 116 COTTAGE LANE since 1st 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 116 COTTAGE LANE 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 |
---|---|---|---|
2021 25 FEB | £575,000 | £447,725 | 28% above HPI |
2016 25 FEB | £470,000 | £361,755 | 30% above HPI |
2000 14 SEP | £240,000 | £162,236 | 48% above HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 116 COTTAGE LANE sales between September 2000 and February 2021 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 2016 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.
116 COTTAGE LANE is 255m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% 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 116 COTTAGE LANE lies on this distribution: More than 99% of detached houses are smaller than 116 COTTAGE LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.
116 COTTAGE LANE sits on a plot of roughly 0.296 of an acre, or 1,197m². The below map shows the location of 116 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 116 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.
116 COTTAGE LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 116 on COTTAGE LANE.