PEACE COTTAGE, THE GREEN, HANDSACRE, RUGELEY, WS15 4DP - £230,000

PEACE COTTAGE is a midsized detached house of 89m², built sometime between 2003 and 2006. It was last sold for £230,000 in November 2015, which was around 30% below the average November 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

PEACE COTTAGE Sold Prices

Land registry data shows three sales for PEACE 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 PEACE 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
2015 20 NOV	£230,000	£330,697	30% below HPI
2005 16 MAY	£249,950	£260,649	4% below HPI
2002 13 JUN	£140,000	£176,647	21% below HPI

PEACE 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 PEACE COTTAGE sales between June 2002 and November 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 May 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is PEACE COTTAGE?

PEACE COTTAGE is 89m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses in Handsacre, based on EPC data. The below chart shows the distribution of detached houses by size in Handsacre, and where PEACE COTTAGE lies on this distribution: 43% of detached houses are smaller than PEACE COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Handsacre.

PEACE COTTAGE: Plot and Title Map

PEACE COTTAGE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of PEACE 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 PEACE 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 PEACE COTTAGE?

PEACE COTTAGE is located on THE GREEN in HANDSACRE, in the WS15 postcode district. The below map shows the position of PEACE COTTAGE on THE GREEN.