FOLLY COTTAGE, COLLETTS FIELDS, BROADWAY, WR12 7AT - £695,000

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

FOLLY COTTAGE is a midsized detached house of 131m², built sometime between 1983 and 1990. It was last sold for £695,000 in November 2019, which was around 76% above the average November 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

FOLLY COTTAGE Sold Prices

Land registry data shows two sales for FOLLY 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 Wychavon local authority area for the corresponding sale date. Both of the two FOLLY 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
2019 12 NOV	£695,000	£395,879	76% above HPI
2012 26 JUL	£460,000	£297,189	55% above HPI

FOLLY COTTAGE 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 two FOLLY COTTAGE sales from July 2012 and November 2019 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 2012 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 2019 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is FOLLY COTTAGE?

FOLLY COTTAGE is 131m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 50% of detached houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses by size in Broadway, and where FOLLY COTTAGE lies on this distribution: 48% of detached houses are smaller than FOLLY COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Broadway.

FOLLY COTTAGE: Plot and Title Map

FOLLY COTTAGE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of FOLLY 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 FOLLY 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 FOLLY COTTAGE?

FOLLY COTTAGE is located on COLLETTS FIELDS in BROADWAY, in the WR12 postcode district. The below map shows the position of FOLLY COTTAGE on COLLETTS FIELDS.