NEW COTTAGE, HACKET LANE, THORNBURY, BRISTOL, BS35 2HH - £385,000

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

NEW COTTAGE is a very small detached house of 80m², built in 2022. It was last sold for £385,000 in December 2022, which was around 32% below the average December 2022 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was A.

NEW COTTAGE Sold Prices

Land registry data shows two sales for NEW 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 Gloucestershire local authority area for the corresponding sale date. Both of the two NEW 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
2022 7 DEC	£385,000	£564,542	32% below HPI
2021 23 AUG	£100,000	£487,439	79% below HPI

NEW COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two NEW COTTAGE sales from August 2021 and December 2022 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 2021 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the December 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is NEW COTTAGE?

NEW COTTAGE is 80m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Thornbury, based on EPC data. The below chart shows the distribution of detached houses by size in Thornbury, and where NEW COTTAGE lies on this distribution: 6% of detached houses are smaller than NEW COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Thornbury.

NEW COTTAGE: Plot and Title Map

NEW COTTAGE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of NEW 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 NEW 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 NEW COTTAGE?

NEW COTTAGE is located on HACKET LANE in THORNBURY, in the BS35 postcode district. The below map shows the position of NEW COTTAGE on HACKET LANE.