IRON COTTAGE, BOURTON, GILLINGHAM, SP8 5AY - £3,442,000

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

IRON COTTAGE is a large extended detached house of 180m², built sometime before 1900. It was last sold for £3,442,000 in November 2022, which was around 543% above the average November 2022 detached price in the Dorset local authority area. The most recent EPC inspection was August 2014, where the current energy rating was F, and the potential energy rating was B.

IRON COTTAGE Sold Prices

Land registry data shows two sales for IRON 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 Dorset local authority area for the corresponding sale date. Both of the two IRON 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
2022 25 NOV	£3,442,000	£535,179	543% above HPI
2010 3 SEP	£425,000	£330,361	29% above HPI

IRON COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two IRON COTTAGE sales from September 2010 and November 2022 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 September 2010 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2022 sale, where it rises to 543% above the HPI. The line then continues to track at 543% above the HPI.

How Large is IRON COTTAGE?

IRON COTTAGE is 180m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in Bourton, based on EPC data. The below chart shows the distribution of detached houses by size in Bourton, and where IRON COTTAGE lies on this distribution: 77% of detached houses are smaller than IRON COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Bourton.

IRON COTTAGE: Plot and Title Map

IRON COTTAGE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of IRON 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 IRON 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 IRON COTTAGE?

IRON COTTAGE is located in BOURTON, in the SP8 postcode district. The below map shows the position of IRON COTTAGE in BOURTON.