CASTLE COTTAGE, LAWN LANE, CHESWARDINE, MARKET DRAYTON, TF9 2RN - £515,000

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

CASTLE COTTAGE is a large extended detached house of 140m², built sometime before 1900. It was last sold for £515,000 in October 2022, which was around 31% above the average October 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

CASTLE COTTAGE Sold Prices

Land registry data shows four sales for CASTLE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four CASTLE 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
2022 28 OCT	£515,000	£393,330	31% above HPI
2014 12 SEP	£440,000	£265,939	65% above HPI
2005 16 AUG	£345,000	£240,393	44% above HPI
2000 5 APR	£165,000	£110,645	49% above HPI

CASTLE 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 four CASTLE COTTAGE sales between April 2000 and October 2022 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 2014 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2022 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is CASTLE COTTAGE?

CASTLE COTTAGE is 140m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Cheswardine, based on EPC data. The below chart shows the distribution of detached houses by size in Cheswardine, and where CASTLE COTTAGE lies on this distribution: 76% of detached houses are smaller than CASTLE COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Cheswardine.

CASTLE COTTAGE: Plot and Title Map

CASTLE COTTAGE sits on a plot of roughly 0.319 of an acre, or 1,292m². The below map shows the location of CASTLE 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 CASTLE 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 CASTLE COTTAGE?

CASTLE COTTAGE is located on LAWN LANE in CHESWARDINE, in the TF9 postcode district. The below map shows the position of CASTLE COTTAGE on LAWN LANE.