MERE COTTAGE, RECTORY LANE, FOWLMERE, ROYSTON, SG8 7TL - £445,000

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

MERE COTTAGE is a very small extended detached house of 43m², built sometime before 1900. It was last sold for £445,000 in September 2021, which was around 18% below the average September 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was F, and the potential energy rating was E.

MERE COTTAGE Sold Prices

Land registry data shows two sales for MERE 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 South Cambridgeshire local authority area for the corresponding sale date. Both of the two MERE 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 29 SEP	£445,000	£542,311	18% below HPI
2015 12 JAN	£250,000	£427,920	42% below HPI

MERE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two MERE COTTAGE sales from January 2015 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 January 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is MERE COTTAGE?

MERE COTTAGE is 43m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Fowlmere, based on EPC data. The below chart shows the distribution of detached houses by size in Fowlmere, and where MERE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than MERE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fowlmere.

MERE COTTAGE: Plot and Title Map

MERE COTTAGE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of MERE 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 MERE 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 MERE COTTAGE?

MERE COTTAGE is located on RECTORY LANE in FOWLMERE, in the SG8 postcode district. The below map shows the position of MERE COTTAGE on RECTORY LANE.