CORNERWAYS, BROADWAY ROAD, WILLERSEY, BROADWAY, WR12 7PH - £425,000

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

CORNERWAYS is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £425,000 in May 2016, which was around 13% below the average May 2016 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the three CORNERWAYS sales were 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
2016 27 MAY	£425,000	£489,203	13% below HPI
2014 23 OCT	£429,000	£477,247	10% below HPI
1996 11 OCT	£98,500	£142,459	31% below HPI

CORNERWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The three CORNERWAYS sales between October 1996 and May 2016 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 October 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 160m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Willersey, based on EPC data. The below chart shows the distribution of detached houses by size in Willersey, and where CORNERWAYS lies on this distribution: 84% of detached houses are smaller than CORNERWAYS, and 16% of houses are larger. Note that EPC data is not available for all properties in Willersey.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.300 of an acre, or 1,214m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on BROADWAY ROAD in WILLERSEY, in the WR12 postcode district. The below map shows the position of CORNERWAYS on BROADWAY ROAD.