THE COTTAGE, CHURCH PATH, CUBLINGTON, LEIGHTON BUZZARD, LU7 0LN - £275,000

THE COTTAGE is a very small detached house of 47m², built sometime before 1900. It was last sold for £275,000 in April 2011, which was around 44% below the average April 2011 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was E.

THE COTTAGE Sold Prices

Land registry data shows five sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the five 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
2011 1 APR	£275,000	£488,656	44% below HPI
2007 11 MAY	£368,000	£461,892	20% below HPI
2004 7 MAY	£236,000	£386,697	39% below HPI
2000 18 SEP	£230,000	£289,868	21% below HPI
1997 29 APR	£128,250	£169,704	24% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The five THE COTTAGE sales between April 1997 and April 2011 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2011 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 47m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in Cublington, based on EPC data. The below chart shows the distribution of detached houses by size in Cublington, and where THE COTTAGE lies on this distribution: 4% of detached houses are smaller than THE COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cublington.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.040 of an acre, or 163m². 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 CHURCH PATH in CUBLINGTON, in the LU7 postcode district. The below map shows the position of THE COTTAGE on CHURCH PATH.