SALTWAY COTTAGE, DROITWICH ROAD, HANBURY, BROMSGROVE, B60 4DD - £485,000

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

SALTWAY COTTAGE is a midsized extended detached house of 153m², built sometime between 1996 and 2002. It was last sold for £485,000 in February 2019, which was around 21% above the average February 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was A.

SALTWAY COTTAGE Sold Prices

Land registry data shows two sales for SALTWAY 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. One of the two SALTWAY COTTAGE sales was for above the average price, whilst the other was 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
2019 4 FEB	£485,000	£399,696	21% above HPI
2000 3 MAR	£111,000	£147,912	25% below HPI

SALTWAY 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 SALTWAY COTTAGE sales from March 2000 and February 2019 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 March 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2019 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is SALTWAY COTTAGE?

SALTWAY COTTAGE is 153m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Hanbury, based on EPC data. The below chart shows the distribution of detached houses by size in Hanbury, and where SALTWAY COTTAGE lies on this distribution: 41% of detached houses are smaller than SALTWAY COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hanbury.

SALTWAY COTTAGE: Plot and Title Map

SALTWAY COTTAGE sits on a plot of roughly 0.267 of an acre, or 1,081m². The below map shows the location of SALTWAY 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 SALTWAY 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 SALTWAY COTTAGE?

SALTWAY COTTAGE is located on DROITWICH ROAD in HANBURY, in the B60 postcode district. The below map shows the position of SALTWAY COTTAGE on DROITWICH ROAD.