FREELAND COTTAGE, INNAGE TERRACE, ATHERSTONE, CV9 1DD - £160,000

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

FREELAND COTTAGE is a very small extended detached house of 77m², built sometime before 1900. It was last sold for £160,000 in July 2011, which was around 31% below the average July 2011 detached price in the North Warwickshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.

FREELAND COTTAGE Sold Prices

Land registry data shows three sales for FREELAND 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 North Warwickshire local authority area for the corresponding sale date. All of the three FREELAND 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
2011 25 JUL	£160,000	£230,688	31% below HPI
2003 12 NOV	£98,500	£189,245	48% below HPI
2002 17 MAY	£63,000	£145,406	57% below HPI

FREELAND COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The three FREELAND COTTAGE sales between May 2002 and July 2011 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 November 2003 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2011 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is FREELAND COTTAGE?

FREELAND COTTAGE is 77m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Atherstone, based on EPC data. The below chart shows the distribution of detached houses by size in Atherstone, and where FREELAND COTTAGE lies on this distribution: 12% of detached houses are smaller than FREELAND COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Atherstone.

FREELAND COTTAGE: Plot and Title Map

FREELAND COTTAGE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of FREELAND 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 FREELAND 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 FREELAND COTTAGE?

FREELAND COTTAGE is located on INNAGE TERRACE in ATHERSTONE, in the CV9 postcode district. The below map shows the position of FREELAND COTTAGE on INNAGE TERRACE.