EXCHANGE COTTAGE, WEST END, NORTHLEACH, CHELTENHAM, GL54 3HH - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

EXCHANGE COTTAGE is a very small extended detached house of 40m², built sometime before 1900, which could now be worth an estimated £299,879. It was last sold for £320,000 in October 2022, which was around 55% below the average October 2022 detached price in the Cotswold local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

EXCHANGE COTTAGE Sold Prices

Land registry data shows two sales for EXCHANGE 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 Cotswold local authority area for the corresponding sale date. Both of the two EXCHANGE 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
2022 4 OCT	£320,000	£714,602	55% below HPI
2015 30 OCT	£172,000	£485,786	65% below HPI

EXCHANGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two EXCHANGE COTTAGE sales from October 2015 and October 2022 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 2015 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the October 2022 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might EXCHANGE COTTAGE be worth now?

EXCHANGE COTTAGE might now be worth an estimated £299,879.

This is based on house price deflation of 6.3%, between October 2022 and March 2025, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.3% deflationary decrease is applied to the most recent sale price for EXCHANGE COTTAGE of £320,000 on 4th October 2022. For the value to have decreased from £320,000 to £299,879 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of EXCHANGE COTTAGE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The October 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of EXCHANGE COTTAGE has not materially changed since October 2022.

How Large is EXCHANGE COTTAGE?

EXCHANGE COTTAGE is 40m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses houses in Northleach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northleach, and where EXCHANGE COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than EXCHANGE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Northleach.

EXCHANGE COTTAGE: Plot and Title Map

EXCHANGE COTTAGE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of EXCHANGE 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 EXCHANGE 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 EXCHANGE COTTAGE?

EXCHANGE COTTAGE is located on WEST END in NORTHLEACH, in the GL54 postcode district. The below map shows the position of EXCHANGE COTTAGE on WEST END.