CORNERWAYS, CLADSWELL LANE, COOKHILL, ALCESTER, B49 5JU - £400,000

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 small extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £400,000 in July 2018, which was around 3% above the average July 2018 detached price in the Wychavon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, 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 Wychavon local authority area for the corresponding sale date. One of the three CORNERWAYS sales was for above the average price, whilst two 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
2018 24 JUL	£400,000	£389,775	3% above HPI
2006 1 DEC	£290,000	£306,607	5% below HPI
2002 25 MAR	£146,000	£188,491	23% below HPI

CORNERWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The three CORNERWAYS sales between March 2002 and July 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 December 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 119m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Cladswell, based on EPC data. The below chart shows the distribution of detached houses by size in Cladswell, and where CORNERWAYS lies on this distribution: 23% of detached houses are smaller than CORNERWAYS, and 77% of houses are larger. Note that EPC data is not available for all properties in Cladswell.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.128 of an acre, or 519m². 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 CLADSWELL LANE in COOKHILL, in the B49 postcode district. The below map shows the position of CORNERWAYS on CLADSWELL LANE.