HOPE COTTAGE, THE STREET, TEFFONT, SALISBURY, SP3 5QP - £475,000

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

HOPE COTTAGE is a very small extended detached house of 108m², built sometime before 1900. It was last sold for £475,000 in July 2010, which was around 53% above the average July 2010 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

HOPE COTTAGE Sold Prices

Land registry data shows two sales for HOPE 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 Wiltshire local authority area for the corresponding sale date. Both of the two HOPE 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
2010 23 JUL	£475,000	£310,631	53% above HPI
1998 17 MAR	£216,000	£120,364	79% above HPI

HOPE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two HOPE COTTAGE sales from March 1998 and July 2010 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 1998 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the July 2010 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 108m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of detached houses in Teffont Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Teffont Magna, and where HOPE COTTAGE lies on this distribution: 10% of detached houses are smaller than HOPE COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Teffont Magna.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.385 of an acre, or 1,559m². The below map shows the location of HOPE 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 HOPE 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 HOPE COTTAGE?

HOPE COTTAGE is located on THE STREET in TEFFONT, in the SP3 postcode district. The below map shows the position of HOPE COTTAGE on THE STREET.