THE COTTAGE, WOOD LANE, HINSTOCK, MARKET DRAYTON, TF9 2TA - £312,650

THE COTTAGE is a small extended detached house of 124m², built sometime before 1900. It was last sold for £312,650 in August 2023, which was around 20% below the average August 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was B.

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 Shropshire 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
2023 11 AUG	£312,650	£391,565	20% below HPI
2017 19 JUL	£252,700	£291,256	13% below HPI
1996 1 JUL	£81,000	£83,136	3% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three THE COTTAGE sales between July 1996 and August 2023 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 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 124m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Hinstock, based on EPC data. The below chart shows the distribution of detached houses by size in Hinstock, and where THE COTTAGE lies on this distribution: 33% of detached houses are smaller than THE COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hinstock.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.215 of an acre, or 871m². 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 WOOD LANE in HINSTOCK, in the TF9 postcode district. The below map shows the position of THE COTTAGE on WOOD LANE.