ASH COTTAGE, ASH LANE, HOPWOOD, BIRMINGHAM, B48 7TS - £475,000

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

ASH COTTAGE is a very small extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £475,000 in June 2021, which was around 4% above the average June 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

ASH COTTAGE Sold Prices

Land registry data shows two sales for ASH COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. One of the two ASH COTTAGE sales was for above the average price, whilst the other was 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
2021 4 JUN	£475,000	£455,916	4% above HPI
2017 7 SEP	£325,000	£409,790	21% below HPI

ASH COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two ASH COTTAGE sales from September 2017 and June 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 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is ASH COTTAGE?

ASH COTTAGE is 107m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Hopwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hopwood, and where ASH COTTAGE lies on this distribution: 16% of detached houses are smaller than ASH COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hopwood.

ASH COTTAGE: Plot and Title Map

ASH COTTAGE sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of ASH 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 ASH 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 ASH COTTAGE?

ASH COTTAGE is located on ASH LANE in HOPWOOD, in the B48 postcode district. The below map shows the position of ASH COTTAGE on ASH LANE.