GROVE COTTAGE, ABERMULE, MONTGOMERY, SY15 6NL - £284,000

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

GROVE COTTAGE is a midsized extended detached house of 111m², built sometime between 1900 and 1929. It was last sold for £284,000 in March 2018, which was around 17% above the average March 2018 detached price in the Powys local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

GROVE COTTAGE Sold Prices

Land registry data shows three sales for GROVE 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 Powys local authority area for the corresponding sale date. All of the three GROVE 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
2018 29 MAR	£284,000	£242,120	17% above HPI
2016 12 OCT	£253,000	£229,458	10% above HPI
2014 19 FEB	£217,500	£208,531	4% above HPI

GROVE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The three GROVE COTTAGE sales between February 2014 and March 2018 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 October 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is GROVE COTTAGE?

GROVE COTTAGE is 111m², which includes three extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses in Abermule, based on EPC data. The below chart shows the distribution of detached houses by size in Abermule, and where GROVE COTTAGE lies on this distribution: 50% of detached houses are smaller than GROVE COTTAGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Abermule.

GROVE COTTAGE: Plot and Title Map

GROVE COTTAGE sits on a plot of roughly 1.2 acres, or 4,874m². The below map shows the location of GROVE 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 GROVE 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 GROVE COTTAGE?

GROVE COTTAGE is located in ABERMULE, in the SY15 postcode district. The below map shows the position of GROVE COTTAGE in ABERMULE.