MAGNOLIA COTTAGE, PRIORY WAY, TETBURY, GL8 8HT - £345,000

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

MAGNOLIA COTTAGE is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £345,000 in September 2021, which was around 44% below the average September 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows two sales for MAGNOLIA 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 MAGNOLIA 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 28 SEP	£345,000	£618,963	44% below HPI
2013 1 NOV	£240,000	£447,937	46% below HPI

MAGNOLIA 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 MAGNOLIA COTTAGE sales from November 2013 and September 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 November 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 77m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Tetbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tetbury, and where MAGNOLIA COTTAGE lies on this distribution: 8% of detached houses are smaller than MAGNOLIA COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Tetbury.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is located on PRIORY WAY in TETBURY, in the GL8 postcode district. The below map shows the position of MAGNOLIA COTTAGE on PRIORY WAY.