120, COTTAGE LANE, MARLBROOK, BROMSGROVE, B60 1DT - £318,000

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

120 COTTAGE LANE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £318,000 in July 2020, which was around 25% below the average July 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

120 COTTAGE LANE Sold Prices

Land registry data shows two sales for 120 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 120 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 16 JUL	£318,000	£425,500	25% below HPI
2010 12 MAY	£242,250	£298,889	19% below HPI

120 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 120 COTTAGE LANE sales from May 2010 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 May 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 120 COTTAGE LANE?

120 COTTAGE LANE is 98m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 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 120 COTTAGE LANE lies on this distribution: 24% of detached houses are smaller than 120 COTTAGE LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

120 COTTAGE LANE: Plot and Title Map

120 COTTAGE LANE sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of 120 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 120 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 120 COTTAGE LANE?

120 COTTAGE LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 120 on COTTAGE LANE.