IRON LATCH COTTAGE, BACK LANE, PLAISTOW, BILLINGSHURST, RH14 0QA - £485,000

IRON LATCH COTTAGE is a small extended detached house of 97m², built sometime before 1900. It was last sold for £485,000 in September 2018, which was around 22% below the average September 2018 detached price in the Chichester local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was B.

IRON LATCH COTTAGE Sold Prices

Land registry data shows four sales for IRON LATCH 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 Chichester local authority area for the corresponding sale date. All of the four IRON LATCH 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
2018 4 SEP	£485,000	£621,737	22% below HPI
2015 22 JUL	£355,000	£525,138	32% below HPI
2010 6 DEC	£390,000	£431,085	10% below HPI
2005 7 DEC	£250,000	£357,390	30% below HPI

IRON LATCH COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The four IRON LATCH COTTAGE sales between December 2005 and September 2018 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 July 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is IRON LATCH COTTAGE?

IRON LATCH COTTAGE is 97m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Plaistow, based on EPC data. The below chart shows the distribution of detached houses by size in Plaistow, and where IRON LATCH COTTAGE lies on this distribution: 26% of detached houses are smaller than IRON LATCH COTTAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Plaistow.

IRON LATCH COTTAGE: Plot and Title Map

IRON LATCH COTTAGE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of IRON LATCH 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 IRON LATCH 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 IRON LATCH COTTAGE?

IRON LATCH COTTAGE is located on BACK LANE in PLAISTOW, in the RH14 postcode district. The below map shows the position of IRON LATCH COTTAGE on BACK LANE.