THE COTTAGE, JUBILEE LANE, PENARTH, CF64 1BL - £162,500

THE COTTAGE is a very small extended detached house of 89m², built sometime before 1900. It was last sold for £162,500 in June 2007, which was around 41% below the average June 2007 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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 Vale of Glamorgan local authority area for the corresponding sale date. All of the three 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
2007 20 JUN	£162,500	£274,488	41% below HPI
2005 8 JUN	£150,000	£237,183	37% below HPI
2001 23 NOV	£83,000	£143,051	42% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The three THE COTTAGE sales between November 2001 and June 2007 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 June 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2007 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 89m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses by size in Penarth, and where THE COTTAGE lies on this distribution: 12% of detached houses are smaller than THE COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Penarth.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.025 of an acre, or 101m². 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 JUBILEE LANE in PENARTH, in the CF64 postcode district. The below map shows the position of THE COTTAGE on JUBILEE LANE.