ROSE COTTAGE, BACK LANE, BROADWAY, WR12 7BP - £400,000

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

ROSE COTTAGE is a very small extended detached house of 48m², built sometime before 1900. It was last sold for £400,000 in August 2023, which was around 20% below the average August 2023 detached price in the Wychavon local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was B.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE 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 Wychavon local authority area for the corresponding sale date. Both of the two ROSE 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
2023 11 AUG	£400,000	£498,551	20% below HPI
2005 27 MAY	£150,000	£285,658	47% below HPI

ROSE 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 two ROSE COTTAGE sales from May 2005 and August 2023 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 2005 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 48m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses by size in Broadway, and where ROSE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than ROSE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Broadway.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on BACK LANE in BROADWAY, in the WR12 postcode district. The below map shows the position of ROSE COTTAGE on BACK LANE.