BANK CLOSE COTTAGE, BANK CLOSE, UTTOXETER, ST14 8BP - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BANK CLOSE COTTAGE is a very large extended detached house of 224m², built sometime between 1900 and 1929, which could now be worth an estimated £489,768. It was last sold for £385,000 in March 2018, which was around 43% above the average March 2018 detached price in the East Staffordshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was G, and the potential energy rating was D.

BANK CLOSE COTTAGE Sold Prices

Land registry data shows two sales for BANK CLOSE 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 East Staffordshire local authority area for the corresponding sale date. Both of the two BANK CLOSE 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
2018 29 MAR	£385,000	£269,348	43% above HPI
1997 27 MAR	£110,000	£71,850	53% above HPI

BANK CLOSE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two BANK CLOSE COTTAGE sales from March 1997 and March 2018 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 March 1997 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the March 2018 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might BANK CLOSE COTTAGE be worth now?

BANK CLOSE COTTAGE might now be worth an estimated £489,768.

This is based on house price inflation of 27.2%, between March 2018 and February 2025, for detached houses, in the East Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for BANK CLOSE COTTAGE of £385,000 on 29th March 2018. For the value to have increased from £385,000 to £489,768 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of BANK CLOSE COTTAGE has moved in line with the HPI for detached houses in the East Staffordshire local authority area.
• The March 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of BANK CLOSE COTTAGE has not materially changed since March 2018.

How Large is BANK CLOSE COTTAGE?

BANK CLOSE COTTAGE is 224m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses houses in Uttoxeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Uttoxeter, and where BANK CLOSE COTTAGE lies on this distribution: 97% of detached houses houses are smaller than BANK CLOSE COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Uttoxeter.

BANK CLOSE COTTAGE: Plot and Title Map

BANK CLOSE COTTAGE sits on a plot of roughly 0.398 of an acre, or 1,610m². The below map shows the location of BANK CLOSE 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 BANK CLOSE 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 BANK CLOSE COTTAGE?

BANK CLOSE COTTAGE is located on BANK CLOSE in UTTOXETER, in the ST14 postcode district. The below map shows the position of BANK CLOSE COTTAGE on BANK CLOSE.