PARK COTTAGE, DRAYTON LANE, DRAYTON BASSETT, TAMWORTH, B78 3TS - £1,125,000

PARK COTTAGE is a very large extended detached house of 349m², built sometime before 1900. It was last sold for £1,125,000 in September 2019, which was around 205% above the average September 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

PARK COTTAGE Sold Prices

Land registry data shows three sales for PARK COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three PARK 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
2019 12 SEP	£1,125,000	£369,055	205% above HPI
2007 24 AUG	£970,000	£296,494	227% above HPI
1996 14 JUN	£165,000	£95,435	73% above HPI

PARK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three PARK COTTAGE sales between June 1996 and September 2019 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 2007 sale was for 227% above the HPI. So the extrapolation line tracks at 227% above the HPI over time, until the September 2019 sale, where it falls to 205% above the HPI. The line then continues to track at 205% above the HPI.

How Large is PARK COTTAGE?

PARK COTTAGE is 349m², which includes four extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Drayton Bassett, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton Bassett, and where PARK COTTAGE lies on this distribution: 95% of detached houses are smaller than PARK COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Drayton Bassett.

PARK COTTAGE: Plot and Title Map

PARK COTTAGE sits on a plot of roughly 0.507 of an acre, or 2,052m². The below map shows the location of PARK 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 PARK 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 PARK COTTAGE?

PARK COTTAGE is located on DRAYTON LANE in DRAYTON BASSETT, in the B78 postcode district. The below map shows the position of PARK COTTAGE on DRAYTON LANE.