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
86 COTTAGE LANE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £290,000 in August 2017, which was around 29% below the average August 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 86 COTTAGE LANE since 1st 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 86 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 |
---|---|---|---|
2017 31 AUG | £290,000 | £407,615 | 29% below HPI |
2005 19 OCT | £268,000 | £288,809 | 7% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 86 COTTAGE LANE sales from October 2005 and August 2017 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 October 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
86 COTTAGE LANE is 69m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 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 86 COTTAGE LANE lies on this distribution: 4% of detached houses are smaller than 86 COTTAGE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.
86 COTTAGE LANE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 86 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 86 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.
86 COTTAGE LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 86 on COTTAGE LANE.