SCHOOL COTTAGE, PAYNES LANE, BROUGHTON, STOCKBRIDGE, SO20 8AH - £485,000

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

SCHOOL COTTAGE is a very small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £485,000 in September 2023, which was around 25% below the average September 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

SCHOOL COTTAGE Sold Prices

Land registry data shows three sales for SCHOOL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. The three SCHOOL COTTAGE sales were a mix of below the average price, and roughly equal to 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 8 SEP	£485,000	£642,647	25% below HPI
2018 26 JAN	£372,000	£501,788	26% below HPI
2003 7 NOV	£305,000	£304,366	Close to HPI

SCHOOL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three SCHOOL COTTAGE sales between November 2003 and September 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 January 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is SCHOOL COTTAGE?

SCHOOL COTTAGE is 100m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Broughton, and where SCHOOL COTTAGE lies on this distribution: 11% of detached houses are smaller than SCHOOL COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Broughton.

SCHOOL COTTAGE: Plot and Title Map

SCHOOL COTTAGE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL COTTAGE?

SCHOOL COTTAGE is located on PAYNES LANE in BROUGHTON, in the SO20 postcode district. The below map shows the position of SCHOOL COTTAGE on PAYNES LANE.