IVY COTTAGE, MILTON PLACE, FAIRFORD, GL7 4HR - £235,000

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

IVY COTTAGE is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £235,000 in November 2011, which was around 44% below the average November 2011 detached price in the Cotswold local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

IVY COTTAGE Sold Prices

Land registry data shows two sales for IVY 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 Cotswold local authority area for the corresponding sale date. Both of the two IVY 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 29 NOV	£235,000	£417,462	44% below HPI
2004 1 APR	£196,000	£336,193	42% below HPI

IVY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two IVY COTTAGE sales from April 2004 and November 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 April 2004 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2011 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 75m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Fairford, based on EPC data. The below chart shows the distribution of detached houses by size in Fairford, and where IVY COTTAGE lies on this distribution: 5% of detached houses are smaller than IVY COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Fairford.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located on MILTON PLACE in FAIRFORD, in the GL7 postcode district. The below map shows the position of IVY COTTAGE on MILTON PLACE.