THE COTTAGE, THE MERE, GREAT GLEN, LEICESTER, LE8 9FS - £197,500

THE COTTAGE is a very small detached house of 89m², built sometime between 1900 and 1929. It was last sold for £197,500 in June 2013, which was around 29% below the average June 2013 detached price in the Harborough local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.

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 Harborough local authority area for the corresponding sale date. Two of the three THE COTTAGE sales were for below the average price, whilst one was for above 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
2013 27 JUN	£197,500	£277,200	29% below HPI
2003 6 JAN	£209,500	£198,890	5% above HPI
1998 5 JUN	£106,000	£106,993	1% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three THE COTTAGE sales between June 1998 and June 2013 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 January 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2013 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 89m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Great Glen, based on EPC data. The below chart shows the distribution of detached houses by size in Great Glen, and where THE COTTAGE lies on this distribution: 11% 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 Great Glen.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.097 of an acre, or 393m². 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 THE MERE in GREAT GLEN, in the LE8 postcode district. The below map shows the position of THE COTTAGE on THE MERE.