PILGRIM COTTAGE, MARTIN, FORDINGBRIDGE, SP6 3LA - £425,000

PILGRIM COTTAGE is a small extended detached house of 121m², built sometime before 1900. It was last sold for £425,000 in July 2010, which was around 25% above the average July 2010 detached price in the New Forest local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

PILGRIM COTTAGE Sold Prices

Land registry data shows four sales for PILGRIM 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 New Forest local authority area for the corresponding sale date. Most of the four PILGRIM 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
2010 16 JUL	£425,000	£341,017	25% above HPI
2004 24 SEP	£351,000	£305,225	15% above HPI
2001 27 SEP	£250,000	£207,494	20% above HPI
1999 11 JUN	£110,000	£142,991	23% below HPI

PILGRIM COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four PILGRIM COTTAGE sales between June 1999 and July 2010 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 September 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2010 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is PILGRIM COTTAGE?

PILGRIM COTTAGE is 121m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses in Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Martin, and where PILGRIM COTTAGE lies on this distribution: 29% of detached houses are smaller than PILGRIM COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Martin.

PILGRIM COTTAGE: Plot and Title Map

PILGRIM COTTAGE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of PILGRIM 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 PILGRIM 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 PILGRIM COTTAGE?

PILGRIM COTTAGE is located in MARTIN, in the SP6 postcode district. The below map shows the position of PILGRIM COTTAGE in MARTIN.