CHESTNUT COTTAGE, SILVER LANE, MARCHINGTON, UTTOXETER, ST14 8LL - £480,000

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

CHESTNUT COTTAGE is a large extended detached house of 166m², built sometime between 1983 and 1990. It was last sold for £480,000 in July 2017, which was around 85% above the average July 2017 detached price in the East Staffordshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

CHESTNUT COTTAGE Sold Prices

Land registry data shows two sales for CHESTNUT 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 CHESTNUT 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
2017 21 JUL	£480,000	£259,967	85% above HPI
1997 26 MAR	£130,000	£72,928	78% above HPI

CHESTNUT 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 CHESTNUT COTTAGE sales from March 1997 and July 2017 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 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the July 2017 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is CHESTNUT COTTAGE?

CHESTNUT COTTAGE is 166m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 30% of detached houses in Marchington, based on EPC data. The below chart shows the distribution of detached houses by size in Marchington, and where CHESTNUT COTTAGE lies on this distribution: 72% of detached houses are smaller than CHESTNUT COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Marchington.

CHESTNUT COTTAGE: Plot and Title Map

CHESTNUT COTTAGE sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of CHESTNUT 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 CHESTNUT 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 CHESTNUT COTTAGE?

CHESTNUT COTTAGE is located on SILVER LANE in MARCHINGTON, in the ST14 postcode district. The below map shows the position of CHESTNUT COTTAGE on SILVER LANE.