FERN COTTAGE, OLDFIELD LANE, BATH, BA2 3NP - £375,000

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

FERN COTTAGE is a small extended detached house of 103m², built sometime before 1900. It was last sold for £375,000 in June 2015, which was around 18% below the average June 2015 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

FERN COTTAGE Sold Prices

Land registry data shows three sales for FERN COTTAGE since 1^st January 1995. The below table shows the price paid for the three 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 three FERN 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 19 JUN	£375,000	£457,992	18% below HPI
2002 26 JUL	£245,000	£256,863	5% below HPI
1998 30 JUL	£78,000	£137,523	43% below HPI

FERN 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 three FERN COTTAGE sales between July 1998 and June 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 July 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is FERN COTTAGE?

FERN COTTAGE is 103m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Bath, based on EPC data. The below chart shows the distribution of detached houses by size in Bath, and where FERN COTTAGE lies on this distribution: 22% of detached houses are smaller than FERN COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bath.

FERN COTTAGE: Plot and Title Map

FERN COTTAGE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of FERN 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 FERN 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 FERN COTTAGE?

FERN COTTAGE is located on OLDFIELD LANE in BATH, in the BA2 postcode district. The below map shows the position of FERN COTTAGE on OLDFIELD LANE.