OAK COTTAGE, CHADWICK LANE, HARTLEBURY, KIDDERMINSTER, DY11 7YH - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAK COTTAGE is a small extended detached house of 114m², built sometime before 1900, which could now be worth an estimated £349,041. It was last sold for £325,000 in September 2021, which was around 25% below the average September 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.

OAK COTTAGE Sold Prices

Land registry data shows five sales for OAK COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the five OAK 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 30 SEP	£325,000	£434,011	25% below HPI
2014 11 JUL	£215,000	£320,322	33% below HPI
2004 14 MAY	£249,950	£263,277	5% below HPI
2001 16 MAR	£135,000	£160,560	16% below HPI
1997 21 MAR	£87,000	£106,994	19% below HPI

OAK 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 five OAK COTTAGE sales between March 1997 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 July 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might OAK COTTAGE be worth now?

OAK COTTAGE might now be worth an estimated £349,041.

This is based on house price inflation of 7.4%, between September 2021 and February 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.4% inflationary increase is applied to the most recent sale price for OAK COTTAGE of £325,000 on 30th September 2021. For the value to have increased from £325,000 to £349,041 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of OAK COTTAGE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The September 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of OAK COTTAGE has not materially changed since September 2021.

How Large is OAK COTTAGE?

OAK COTTAGE is 114m², which includes three extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of detached houses houses in Hartlebury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hartlebury, and where OAK COTTAGE lies on this distribution: 23% of detached houses houses are smaller than OAK COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Hartlebury.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

OAK COTTAGE is located on CHADWICK LANE in HARTLEBURY, in the DY11 postcode district. The below map shows the position of OAK COTTAGE on CHADWICK LANE.