ORCHARD COTTAGE, UPPER MINETY, MALMESBURY, SN16 9PY - £695,000

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.

ORCHARD COTTAGE is a small detached house of 150m², built in 2018, which could now be worth an estimated £992,688. It was last sold for £695,000 in July 2015, which was around 91% above the average July 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

ORCHARD COTTAGE Sold Prices

Land registry data shows two sales for ORCHARD 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 Wiltshire local authority area for the corresponding sale date. Both of the two ORCHARD 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
2015 30 JUL	£695,000	£363,507	91% above HPI
1999 16 JUN	£260,000	£144,679	80% above HPI

ORCHARD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two ORCHARD COTTAGE sales from June 1999 and July 2015 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 1999 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the July 2015 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might ORCHARD COTTAGE be worth now?

ORCHARD COTTAGE might now be worth an estimated £992,688.

This is based on house price inflation of 42.8%, between July 2015 and July 2026, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.8% inflationary increase is applied to the most recent sale price for ORCHARD COTTAGE of £695,000 on 30th July 2015. For the value to have increased from £695,000 to £992,688 over the eleven years to July 2026, the following assumptions must hold true:

• The value of ORCHARD COTTAGE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2015 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD COTTAGE has not materially changed since July 2015.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 150m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses houses in Upper Minety, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Minety, and where ORCHARD COTTAGE lies on this distribution: 28% of detached houses houses are smaller than ORCHARD COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Upper Minety.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.392 of an acre, or 1,586m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD COTTAGE?

ORCHARD COTTAGE is located in UPPER MINETY, in the SN16 postcode district. The below map shows the position of ORCHARD COTTAGE in UPPER MINETY.