PALMERS COTTAGE, BROCKHILL LANE, REDDITCH, B97 6QX - £360,000

PALMERS COTTAGE is a very large extended detached house of 180m², built sometime before 1900. It was last sold for £360,000 in February 2015, which was around 38% above the average February 2015 detached price in the Redditch local authority area. The most recent EPC inspection was July 2013, where the current energy rating was F, and the potential energy rating was D.

PALMERS COTTAGE Sold Prices

Land registry data shows two sales for PALMERS 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 Redditch local authority area for the corresponding sale date. Both of the two PALMERS 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 19 FEB	£360,000	£261,025	38% above HPI
2008 29 FEB	£302,500	£258,664	17% above HPI

PALMERS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The two PALMERS COTTAGE sales from February 2008 and February 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 February 2008 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2015 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is PALMERS COTTAGE?

PALMERS COTTAGE is 180m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where PALMERS COTTAGE lies on this distribution: 95% of detached houses are smaller than PALMERS COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Redditch.

PALMERS COTTAGE: Plot and Title Map

PALMERS COTTAGE sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of PALMERS 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 PALMERS 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 PALMERS COTTAGE?

PALMERS COTTAGE is located on BROCKHILL LANE in REDDITCH, in the B97 postcode district. The below map shows the position of PALMERS COTTAGE on BROCKHILL LANE.