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
MARTIN COTTAGE is a small extended detached house of 144m², built sometime before 1900. It was last sold for £470,000 in August 2017, which was around 78% above the average August 2017 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for MARTIN COTTAGE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the five MARTIN COTTAGE sales were for above 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 |
---|---|---|---|
2017 4 AUG | £470,000 | £263,454 | 78% above HPI |
2014 27 AUG | £400,000 | £229,220 | 75% above HPI |
2008 7 MAR | £393,500 | £226,568 | 74% above HPI |
2001 29 JUN | £198,000 | £112,438 | 76% above HPI |
1999 23 APR | £141,500 | £84,892 | 67% above HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The five MARTIN COTTAGE sales between April 1999 and August 2017 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 August 2014 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the August 2017 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.
MARTIN COTTAGE is 144m², which includes four extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Coleorton, based on EPC data. The below chart shows the distribution of detached houses by size in Coleorton, and where MARTIN COTTAGE lies on this distribution: 32% of detached houses are smaller than MARTIN COTTAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Coleorton.
MARTIN COTTAGE sits on a plot of roughly 0.217 of an acre, or 879m². The below map shows the location of MARTIN 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 MARTIN 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.
MARTIN COTTAGE is located on THE WOOLROOMS in COLEORTON, in the LE67 postcode district. The below map shows the position of MARTIN COTTAGE on THE WOOLROOMS.