KILN COTTAGE, RIDGEWAY CLOSE, HERMITAGE, THATCHAM, RG18 9RA - £390,000

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

KILN COTTAGE is a very small detached house of 61m², built sometime between 1900 and 1929. It was last sold for £390,000 in February 2021, which was around 33% below the average February 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

KILN COTTAGE Sold Prices

Land registry data shows four sales for KILN COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four KILN 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
2021 15 FEB	£390,000	£583,808	33% below HPI
2006 1 SEP	£250,000	£371,650	33% below HPI
2003 29 AUG	£205,000	£324,620	37% below HPI
2001 5 OCT	£185,000	£267,923	31% below HPI

KILN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The four KILN COTTAGE sales between October 2001 and February 2021 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2021 sale, which was also at 33% below the HPI.

How Large is KILN COTTAGE?

KILN COTTAGE is 61m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where KILN COTTAGE lies on this distribution: 1% of detached houses are smaller than KILN COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

KILN COTTAGE: Plot and Title Map

KILN COTTAGE sits on a plot of roughly 0.285 of an acre, or 1,153m². The below map shows the location of KILN 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 KILN 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 KILN COTTAGE?

KILN COTTAGE is located on RIDGEWAY CLOSE in HERMITAGE, in the RG18 postcode district. The below map shows the position of KILN COTTAGE on RIDGEWAY CLOSE.