THE COTTAGE, BOURNE LANE, BRIMSCOMBE, STROUD, GL5 2RP - £318,000

THE COTTAGE is a midsized extended detached house of 114m², built sometime before 1900. It was last sold for £318,000 in July 2019, which was around 26% below the average July 2019 detached price in the Stroud local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE 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 Stroud local authority area for the corresponding sale date. All of the four THE 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
2019 30 JUL	£318,000	£431,264	26% below HPI
2012 13 AUG	£250,000	£316,738	21% below HPI
2000 24 MAY	£139,950	£153,600	9% below HPI
1996 29 FEB	£60,000	£91,510	34% below HPI

THE 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 four THE COTTAGE sales between February 1996 and July 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 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 114m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses in Brimscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Brimscombe, and where THE COTTAGE lies on this distribution: 41% of detached houses are smaller than THE COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Brimscombe.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on BOURNE LANE in BRIMSCOMBE, in the GL5 postcode district. The below map shows the position of THE COTTAGE on BOURNE LANE.