ELDER COTTAGE, RECTORY LANE, TIMSBURY, BATH, BA2 0LB - £345,000

ELDER COTTAGE is a small extended semi-detached house of 103m², built sometime before 1900. It was last sold for £345,000 in November 2012, which was around 15% below the average November 2012 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

ELDER COTTAGE Sold Prices

Land registry data shows two sales for ELDER COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. Both of the two ELDER 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
2012 19 NOV	£345,000	£408,056	15% below HPI
2010 8 JUN	£140,000	£373,842	63% below HPI

ELDER COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two ELDER COTTAGE sales from June 2010 and November 2012 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 2010 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the November 2012 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is ELDER COTTAGE?

ELDER COTTAGE is 103m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Timsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Timsbury, and where ELDER COTTAGE lies on this distribution: 33% of detached houses are smaller than ELDER COTTAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Timsbury.

ELDER COTTAGE: Plot and Title Map

ELDER COTTAGE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of ELDER 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 ELDER 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 ELDER COTTAGE?

ELDER COTTAGE is located on RECTORY LANE in TIMSBURY, in the BA2 postcode district. The below map shows the position of ELDER COTTAGE on RECTORY LANE.