MYRTLE COTTAGE, UPPER BRAILES, BANBURY, OX15 5AX - £272,500

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

MYRTLE COTTAGE is a small extended detached house of 117m², built sometime before 1900. It was last sold for £272,500 in May 2011, which was around 20% below the average May 2011 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

MYRTLE COTTAGE Sold Prices

Land registry data shows two sales for MYRTLE 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 Stratford-on-Avon local authority area for the corresponding sale date. Both of the two MYRTLE 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
2011 5 MAY	£272,500	£338,711	20% below HPI
2010 21 MAY	£240,000	£352,958	32% below HPI

MYRTLE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two MYRTLE COTTAGE sales from May 2010 and May 2011 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 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2011 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 117m², which includes two extensions, according to the EPC inspection conducted in December 2010. This puts it in the smallest 40% of detached houses in Upper Brailes, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Brailes, and where MYRTLE COTTAGE lies on this distribution: 34% of detached houses are smaller than MYRTLE COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Upper Brailes.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.077 of an acre, or 314m². The below map shows the location of MYRTLE 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 MYRTLE 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located in UPPER BRAILES, in the OX15 postcode district. The below map shows the position of MYRTLE COTTAGE in UPPER BRAILES.