KORNER COTTAGE, THE RIDGEWAY, ASTWOOD BANK, REDDITCH, B96 6LT - £280,000

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

KORNER COTTAGE is a large extended detached house of 154m², built sometime before 1900. It was last sold for £280,000 in December 2006, which was around 9% below the average December 2006 detached price in the Wychavon local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

KORNER COTTAGE Sold Prices

Land registry data shows two sales for KORNER 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 Wychavon local authority area for the corresponding sale date. Both of the two KORNER 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
2006 8 DEC	£280,000	£306,607	9% below HPI
2000 24 MAR	£135,000	£147,912	9% below HPI

KORNER COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two KORNER COTTAGE sales from March 2000 and December 2006 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 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2006 sale, which was also at 9% below the HPI.

How Large is KORNER COTTAGE?

KORNER COTTAGE is 154m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Astwood Bank, and where KORNER COTTAGE lies on this distribution: 69% of detached houses are smaller than KORNER COTTAGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

KORNER COTTAGE: Plot and Title Map

KORNER COTTAGE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of KORNER 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 KORNER 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 KORNER COTTAGE?

KORNER COTTAGE is located on THE RIDGEWAY in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of KORNER COTTAGE on THE RIDGEWAY.