FIELD COTTAGE, TIVOLI LANE, CHELTENHAM, GL50 2TQ - £275,000

FIELD COTTAGE is a very small extended detached house of 53m², built sometime before 1900. It was last sold for £275,000 in May 2016, which was around 36% below the average May 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

FIELD COTTAGE Sold Prices

Land registry data shows four sales for FIELD COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four FIELD 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
2016 31 MAY	£275,000	£431,695	36% below HPI
2009 6 OCT	£218,400	£321,476	32% below HPI
2001 30 OCT	£147,500	£208,438	29% below HPI
1998 5 JUN	£65,250	£134,306	51% below HPI

FIELD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four FIELD COTTAGE sales between June 1998 and May 2016 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 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2016 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is FIELD COTTAGE?

FIELD COTTAGE is 53m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where FIELD COTTAGE lies on this distribution: 1% of detached houses are smaller than FIELD COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

FIELD COTTAGE: Plot and Title Map

FIELD COTTAGE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of FIELD 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 FIELD 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 FIELD COTTAGE?

FIELD COTTAGE is located on TIVOLI LANE in CHELTENHAM, in the GL50 postcode district. The below map shows the position of FIELD COTTAGE on TIVOLI LANE.