MALT COTTAGE, KERRY ROAD, MONTGOMERY, SY15 6PD - £192,000

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

MALT COTTAGE is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £192,000 in May 2014, which was around 8% below the average May 2014 detached price in the Powys local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

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 Powys 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
2014 28 MAY	£192,000	£208,860	8% below HPI
2009 20 MAR	£80,000	£191,615	58% below HPI

MALT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The two MALT COTTAGE sales from March 2009 and May 2014 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 2009 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is MALT COTTAGE?

MALT COTTAGE is 95m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Montgomery, based on EPC data. The below chart shows the distribution of detached houses by size in Montgomery, and where MALT COTTAGE lies on this distribution: 29% of detached houses are smaller than MALT COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Montgomery.

MALT COTTAGE: Plot and Title Map

MALT COTTAGE sits on a plot of roughly 0.057 of an acre, or 231m². 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 KERRY ROAD in MONTGOMERY, in the SY15 postcode district. The below map shows the position of MALT COTTAGE on KERRY ROAD.