51, COTTAGE LANE, MARLBROOK, BROMSGROVE, B60 1DT - £312,500

51 COTTAGE LANE is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £312,500 in February 2021, which was around 30% below the average February 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

51 COTTAGE LANE Sold Prices

Land registry data shows two sales for 51 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 51 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
2021 26 FEB	£312,500	£447,725	30% below HPI
1998 31 MAR	£87,250	£127,935	32% below HPI

51 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 51 COTTAGE LANE sales from March 1998 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 March 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 51 COTTAGE LANE?

51 COTTAGE LANE is 83m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% 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 51 COTTAGE LANE lies on this distribution: 13% of detached houses are smaller than 51 COTTAGE LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

51 COTTAGE LANE: Plot and Title Map

51 COTTAGE LANE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 51 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 51 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 51 COTTAGE LANE?

51 COTTAGE LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 51 on COTTAGE LANE.