ELDER COTTAGE, LLANTWIT ROAD, WICK, COWBRIDGE, CF71 7QD - £298,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ELDER COTTAGE is a very small extended semi-detached house of 105m², built sometime between 1900 and 1929, which could now be worth an estimated £458,494. It was last sold for £298,000 in March 2015, which was around 53% above the average March 2015 semi-detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

ELDER COTTAGE Sold Prices

Land registry data shows two sales for ELDER COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Vale of Glamorgan local authority area for the corresponding sale date. Both of the two ELDER 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
2015 23 MAR	£298,000	£194,771	53% above HPI
2008 31 MAR	£221,186	£171,530	29% above HPI

ELDER COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The two ELDER COTTAGE sales from March 2008 and March 2015 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 2008 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2015 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might ELDER COTTAGE be worth now?

ELDER COTTAGE might now be worth an estimated £458,494.

This is based on house price inflation of 53.9%, between March 2015 and February 2025, for semi-detached houses, in the Vale of Glamorgan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.9% inflationary increase is applied to the most recent sale price for ELDER COTTAGE of £298,000 on 23rd March 2015. For the value to have increased from £298,000 to £458,494 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of ELDER COTTAGE has moved in line with the HPI for semi-detached houses in the Vale of Glamorgan local authority area.
• The March 2015 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of ELDER COTTAGE has not materially changed since March 2015.

How Large is ELDER COTTAGE?

ELDER COTTAGE is 105m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of semi-detached houses houses in Wick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wick, and where ELDER COTTAGE lies on this distribution: 16% of semi-detached houses houses are smaller than ELDER COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Wick.

ELDER COTTAGE: Plot and Title Map

ELDER COTTAGE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of ELDER 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 ELDER 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 ELDER COTTAGE?

ELDER COTTAGE is located on LLANTWIT ROAD in WICK, in the CF71 postcode district. The below map shows the position of ELDER COTTAGE on LLANTWIT ROAD.