LANTERN COTTAGE, TIBBIWELL LANE, PAINSWICK, STROUD, GL6 6YA - £502,000

LANTERN COTTAGE is a small extended detached house of 109m², built sometime before 1900. It was last sold for £502,000 in June 2021, which was around 7% above the average June 2021 detached price in the Stroud local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

LANTERN COTTAGE Sold Prices

Land registry data shows five sales for LANTERN COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Most of the five LANTERN COTTAGE sales were for above 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
2021 10 JUN	£502,000	£468,334	7% above HPI
2002 18 JUN	£250,000	£208,916	20% above HPI
1999 8 OCT	£170,000	£136,642	24% above HPI
1998 4 JUN	£127,000	£116,671	9% above HPI
1996 18 SEP	£100,500	£102,402	2% below HPI

LANTERN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The five LANTERN COTTAGE sales between September 1996 and June 2021 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 2002 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is LANTERN COTTAGE?

LANTERN COTTAGE is 109m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Painswick, based on EPC data. The below chart shows the distribution of detached houses by size in Painswick, and where LANTERN COTTAGE lies on this distribution: 21% of detached houses are smaller than LANTERN COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Painswick.

LANTERN COTTAGE: Plot and Title Map

LANTERN COTTAGE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of LANTERN 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 LANTERN 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 LANTERN COTTAGE?

LANTERN COTTAGE is located on TIBBIWELL LANE in PAINSWICK, in the GL6 postcode district. The below map shows the position of LANTERN COTTAGE on TIBBIWELL LANE.