NEW COTTAGE, VILLAGE GREEN, INKBERROW, WORCESTER, WR7 4DZ - £237,000

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 extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £237,000 in September 2014, which was around 29% below the average September 2014 detached price in the Wychavon local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

NEW COTTAGE Sold Prices

Land registry data shows three sales for NEW COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the three 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
2014 24 SEP	£237,000	£332,956	29% below HPI
1997 31 OCT	£86,000	£120,508	29% below HPI
1995 11 OCT	£85,000	£102,955	17% below HPI

NEW COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The three NEW COTTAGE sales between October 1995 and September 2014 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 October 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2014 sale, which was also at 29% below the HPI.

How Large is NEW COTTAGE?

NEW COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Inkberrow, based on EPC data. The below chart shows the distribution of detached houses by size in Inkberrow, 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 Inkberrow.

NEW COTTAGE: Plot and Title Map

NEW COTTAGE sits on a plot of roughly 0.069 of an acre, or 278m². 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 VILLAGE GREEN in INKBERROW, in the WR7 postcode district. The below map shows the position of NEW COTTAGE on VILLAGE GREEN.