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

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

ELDER COTTAGE is a very small extended semi-detached house of 105m², built sometime between 1900 and 1929. It was last sold for £298,000 in March 2015, which was around 6% below the average March 2015 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 detached price in the Vale of Glamorgan local authority area for the corresponding sale date. Both of the two ELDER COTTAGE 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
2015 23 MAR	£298,000	£315,417	6% below HPI
2008 31 MAR	£221,186	£273,823	19% below HPI

ELDER COTTAGE Price Paid vs. HPI Average

The below graph shows the average 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

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 detached houses in Wick, based on EPC data. The below chart shows the distribution of detached houses by size in Wick, and where ELDER COTTAGE lies on this distribution: 16% of detached 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.