Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 COTTAGE FARM CLOSE is a large extended detached house of 183m², built sometime between 1991 and 1995. It was last sold for £529,950 in November 2021, which was around 66% above the average November 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 COTTAGE FARM CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 2 COTTAGE FARM CLOSE 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 |
---|---|---|---|
2021 3 NOV | £529,950 | £319,974 | 66% above HPI |
1996 20 SEP | £167,500 | £73,841 | 127% above HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 2 COTTAGE FARM CLOSE sales from September 1996 and November 2021 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 September 1996 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the November 2021 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.
2 COTTAGE FARM CLOSE is 183m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Osgathorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Osgathorpe, and where 2 COTTAGE FARM CLOSE lies on this distribution: 70% of detached houses are smaller than 2 COTTAGE FARM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Osgathorpe.
2 COTTAGE FARM CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 2 COTTAGE FARM CLOSE, 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 2 COTTAGE FARM CLOSE). 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.
2 COTTAGE FARM CLOSE is located in OSGATHORPE, in the LE12 postcode district. The below map shows the position of No. 2 on COTTAGE FARM CLOSE.