THE COTTAGE, MILL LANE, FENNY COMPTON, SOUTHAM, CV47 2YF - £345,000

THE COTTAGE is a small extended detached house of 114m², built sometime before 1900. It was last sold for £345,000 in August 2020, which was around 29% below the average August 2020 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

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 Stratford-on-Avon 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
2020 5 AUG	£345,000	£487,771	29% below HPI
2015 17 JUL	£335,000	£425,836	21% below HPI
2006 12 JUN	£300,000	£335,340	11% below HPI
2003 2 SEP	£247,500	£290,135	15% below HPI
1995 21 JUL	£78,000	£121,552	36% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The five THE COTTAGE sales between July 1995 and August 2020 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 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 114m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of detached houses in Fenny Compton, based on EPC data. The below chart shows the distribution of detached houses by size in Fenny Compton, and where THE COTTAGE lies on this distribution: 26% of detached houses are smaller than THE COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Fenny Compton.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.047 of an acre, or 192m². 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 MILL LANE in FENNY COMPTON, in the CV47 postcode district. The below map shows the position of THE COTTAGE on MILL LANE.