Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
THE COTTAGE is a very small extended detached house of 62m², built sometime between 1900 and 1929. It was last sold for £58,000 in August 1999, which was around 49% below the average August 1999 detached price in the Somerset local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for THE COTTAGE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 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 |
---|---|---|---|
1999 31 AUG | £58,000 | £114,801 | 49% below HPI |
1997 12 NOV | £45,000 | £97,263 | 54% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two THE COTTAGE sales from November 1997 and August 1999 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 November 1997 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the August 1999 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.
THE COTTAGE is 62m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Charlton Adam, based on EPC data. The below chart shows the distribution of detached houses by size in Charlton Adam, and where THE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than THE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Charlton Adam.
THE COTTAGE sits on a plot of roughly 0.013 of an acre, or 53m². 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.
THE COTTAGE is located on BROADWAY ROAD in CHARLTON ADAM, in the TA11 postcode district. The below map shows the position of THE COTTAGE on BROADWAY ROAD.