NEW COTTAGE, COMPTONS ALLEY, TEWKESBURY, GL20 5QE - £145,000

NEW COTTAGE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £145,000 in March 2004, which was around 44% below the average March 2004 detached price in the Tewkesbury local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

NEW COTTAGE Sold Prices

Land registry data shows four sales for NEW 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 Tewkesbury local authority area for the corresponding sale date. All of the four NEW 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
2004 12 MAR	£145,000	£261,075	44% below HPI
2002 1 AUG	£98,250	£213,586	54% below HPI
1999 8 NOV	£70,000	£141,140	50% below HPI
1996 12 NOV	£59,500	£107,386	45% below HPI

NEW COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The four NEW COTTAGE sales between November 1996 and March 2004 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 August 2002 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the March 2004 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is NEW COTTAGE?

NEW COTTAGE is 71m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Tewkesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tewkesbury, and where NEW COTTAGE lies on this distribution: 5% of detached houses are smaller than NEW COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Tewkesbury.

NEW COTTAGE: Plot and Title Map

NEW COTTAGE sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of NEW 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 NEW 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 NEW COTTAGE?

NEW COTTAGE is located on COMPTONS ALLEY in TEWKESBURY, in the GL20 postcode district. The below map shows the position of NEW COTTAGE on COMPTONS ALLEY.