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
PROSPECT COTTAGE is a very large extended detached house of 216m², built sometime before 1900. It was last sold for £595,195 in July 2011, which was around 46% above the average July 2011 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for PROSPECT COTTAGE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two PROSPECT COTTAGE sales were for above 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 19 JUL | £595,195 | £407,752 | 46% above HPI |
2004 20 AUG | £340,000 | £336,599 | 1% above HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two PROSPECT COTTAGE sales from August 2004 and July 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 August 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2011 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.
PROSPECT COTTAGE is 216m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Longlane, based on EPC data. The below chart shows the distribution of detached houses by size in Longlane, and where PROSPECT COTTAGE lies on this distribution: 81% of detached houses are smaller than PROSPECT COTTAGE, and 19% of houses are larger. Note that EPC data is not available for all properties in Longlane.
PROSPECT COTTAGE sits on a plot of roughly 0.455 of an acre, or 1,841m². The below map shows the location of PROSPECT 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 PROSPECT 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.
PROSPECT COTTAGE is located on LONG LANE in COLD ASH, in the RG18 postcode district. The below map shows the position of PROSPECT COTTAGE on LONG LANE.