CROFT COTTAGE, NORTON LANE, CHEW MAGNA, BRISTOL, BS40 8RW - £580,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CROFT COTTAGE is a midsized extended semi-detached house of 154m², built sometime before 1900. It was last sold for £580,000 in May 2018, which was around 2% above the average May 2018 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was A.

CROFT COTTAGE Sold Prices

Land registry data shows four sales for CROFT 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 Bath and North East Somerset local authority area for the corresponding sale date. All of the four CROFT 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 16 MAY	£580,000	£566,452	2% above HPI
2008 16 MAY	£465,000	£375,239	24% above HPI
2003 17 OCT	£317,500	£306,794	3% above HPI
1998 18 DEC	£165,000	£137,763	20% above HPI

CROFT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The four CROFT COTTAGE sales between December 1998 and May 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 May 2008 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is CROFT COTTAGE?

CROFT COTTAGE is 154m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Chew Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Chew Magna, and where CROFT COTTAGE lies on this distribution: 41% of detached houses are smaller than CROFT COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Chew Magna.

CROFT COTTAGE: Plot and Title Map

CROFT COTTAGE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of CROFT 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 CROFT 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 CROFT COTTAGE?

CROFT COTTAGE is located on NORTON LANE in CHEW MAGNA, in the BS40 postcode district. The below map shows the position of CROFT COTTAGE on NORTON LANE.