RYE COTTAGE, NETHERTON LANE, ELMLEY CASTLE, PERSHORE, WR10 3JF - £387,500

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

RYE COTTAGE is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £387,500 in August 2011, which was around 25% above the average August 2011 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

RYE COTTAGE Sold Prices

Land registry data shows four sales for RYE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. two of the four RYE COTTAGE sales were for above the average price, and four 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
2011 12 AUG	£387,500	£309,897	25% above HPI
2007 7 NOV	£400,000	£334,093	20% above HPI
1999 4 OCT	£130,000	£138,800	6% below HPI
1997 6 JUN	£95,000	£114,158	17% below HPI

RYE 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 four RYE COTTAGE sales between June 1997 and August 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 November 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2011 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is RYE COTTAGE?

RYE COTTAGE is 69m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Elmley Castle, based on EPC data. The below chart shows the distribution of detached houses by size in Elmley Castle, and where RYE COTTAGE lies on this distribution: 2% of detached houses are smaller than RYE COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Elmley Castle.

RYE COTTAGE: Plot and Title Map

RYE COTTAGE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of RYE 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 RYE 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 RYE COTTAGE?

RYE COTTAGE is located on NETHERTON LANE in ELMLEY CASTLE, in the WR10 postcode district. The below map shows the position of RYE COTTAGE on NETHERTON LANE.