SPRING COTTAGE, TIBBIWELL LANE, PAINSWICK, STROUD, GL6 6YA - £320,000

SPRING COTTAGE is a very small extended detached house of 84m², built sometime before 1900. It was last sold for £320,000 in March 2020, which was around 27% below the average March 2020 detached price in the Stroud local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING 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 Stroud local authority area for the corresponding sale date. All of the three SPRING 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
2020 20 MAR	£320,000	£440,789	27% below HPI
2005 6 DEC	£250,000	£287,881	13% below HPI
1997 8 AUG	£85,000	£110,385	23% below HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The three SPRING COTTAGE sales between August 1997 and March 2020 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 December 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 84m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Painswick, based on EPC data. The below chart shows the distribution of detached houses by size in Painswick, and where SPRING COTTAGE lies on this distribution: 8% of detached houses are smaller than SPRING COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Painswick.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on TIBBIWELL LANE in PAINSWICK, in the GL6 postcode district. The below map shows the position of SPRING COTTAGE on TIBBIWELL LANE.