HOPE COTTAGE, THE STREET, FARLEY, SALISBURY, SP5 1AA - £445,000

HOPE COTTAGE is a very small detached house of 103m², built sometime between 1967 and 1975. It was last sold for £445,000 in October 2019, which was around 6% above the average October 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

HOPE COTTAGE Sold Prices

Land registry data shows three sales for HOPE 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 Wiltshire local authority area for the corresponding sale date. All of the three HOPE COTTAGE sales were 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
2019 11 OCT	£445,000	£419,745	6% above HPI
2015 29 JAN	£440,000	£339,500	30% above HPI
2006 18 AUG	£412,000	£308,417	34% above HPI

HOPE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three HOPE COTTAGE sales between August 2006 and October 2019 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 2015 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 103m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Farley, based on EPC data. The below chart shows the distribution of detached houses by size in Farley, and where HOPE COTTAGE lies on this distribution: 15% of detached houses are smaller than HOPE COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Farley.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of HOPE 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 HOPE 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 HOPE COTTAGE?

HOPE COTTAGE is located on THE STREET in FARLEY, in the SP5 postcode district. The below map shows the position of HOPE COTTAGE on THE STREET.