MAY COTTAGE, TERRACE ROAD NORTH, BINFIELD, BRACKNELL, RG42 5JG - £720,000

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

MAY COTTAGE is a very small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £720,000 in July 2010, which was around 77% above the average July 2010 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was D.

MAY COTTAGE Sold Prices

Land registry data shows two sales for MAY 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 Bracknell Forest local authority area for the corresponding sale date. Both of the two MAY 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
2010 15 JUL	£720,000	£406,456	77% above HPI
2003 12 MAY	£348,500	£344,780	1% above HPI

MAY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bracknell Forest local authority area over time, sourced from the HPI. The two MAY COTTAGE sales from May 2003 and July 2010 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 May 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2010 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is MAY COTTAGE?

MAY COTTAGE is 100m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of detached houses in Binfield, based on EPC data. The below chart shows the distribution of detached houses by size in Binfield, and where MAY COTTAGE lies on this distribution: 17% of detached houses are smaller than MAY COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Binfield.

MAY COTTAGE: Plot and Title Map

MAY COTTAGE sits on a plot of roughly 0.259 of an acre, or 1,046m². The below map shows the location of MAY 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 MAY 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 MAY COTTAGE?

MAY COTTAGE is located on TERRACE ROAD NORTH in BINFIELD, in the RG42 postcode district. The below map shows the position of MAY COTTAGE on TERRACE ROAD NORTH.