MALT COTTAGE, CROSS ROADS, BOURTON, GILLINGHAM, SP8 5DD - £240,000

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

MALT COTTAGE is a midsized detached house of 137m², built sometime between 1967 and 1975. It was last sold for £240,000 in March 2016, which was around 38% below the average March 2016 detached price in the Dorset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was A.

MALT COTTAGE Sold Prices

Land registry data shows two sales for MALT 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 MALT 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
2016 21 MAR	£240,000	£385,097	38% below HPI
1996 24 JUN	£74,950	£95,043	21% below HPI

MALT 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 MALT COTTAGE sales from June 1996 and March 2016 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 June 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is MALT COTTAGE?

MALT COTTAGE is 137m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Bourton, based on EPC data. The below chart shows the distribution of detached houses by size in Bourton, and where MALT COTTAGE lies on this distribution: 45% of detached houses are smaller than MALT COTTAGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bourton.

MALT COTTAGE: Plot and Title Map

MALT COTTAGE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of MALT 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 MALT 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 MALT COTTAGE?

MALT COTTAGE is located on CROSS ROADS in BOURTON, in the SP8 postcode district. The below map shows the position of MALT COTTAGE on CROSS ROADS.