THE COTTAGE, JURY LANE, MARTLEY, WORCESTER, WR6 6PE - £280,000

THE COTTAGE is a small extended detached house of 107m², built sometime before 1900. It was last sold for £280,000 in May 2012, which was around 1% above the average May 2012 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

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 Malvern Hills local authority area for the corresponding sale date. One of the three THE COTTAGE sales was for above the average price, whilst two 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
2012 31 MAY	£280,000	£276,268	1% above HPI
2009 31 JUL	£263,000	£273,043	4% below HPI
2008 16 JUL	£172,000	£286,481	40% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The three THE COTTAGE sales between July 2008 and May 2012 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 July 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2012 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 107m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Martley, based on EPC data. The below chart shows the distribution of detached houses by size in Martley, and where THE COTTAGE lies on this distribution: 20% of detached houses are smaller than THE COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Martley.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.091 of an acre, or 369m². 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 JURY LANE in MARTLEY, in the WR6 postcode district. The below map shows the position of THE COTTAGE on JURY LANE.