COTTAGE, 34, SAUNDERS STREET, WORCESTER, WR3 7ED - £285,000

COTTAGE is a very small extended detached house of 70m², built sometime before 1900. It was last sold for £285,000 in October 2017, which was around 14% below the average October 2017 detached price in the Worcester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

COTTAGE Sold Prices

Land registry data shows three sales for COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three COTTAGE 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 9 OCT	£285,000	£330,108	14% below HPI
2017 2 JUN	£130,000	£321,528	60% below HPI
2003 24 OCT	£176,000	£214,614	18% below HPI

COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The three COTTAGE sales between October 2003 and October 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 June 2017 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the October 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is COTTAGE?

COTTAGE is 70m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where COTTAGE lies on this distribution: 6% of detached houses are smaller than COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Worcester.

COTTAGE: Plot and Title Map

COTTAGE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of COTTAGE, 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 COTTAGE). 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 COTTAGE?

COTTAGE is located on SAUNDERS STREET in WORCESTER, in the WR3 postcode district. The below map shows the position of COTTAGE on SAUNDERS STREET.