SMITH COTTAGE BARN, TWO MILE LANE, HIGHNAM, GLOUCESTER, GL2 8DW - £385,000

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

SMITH COTTAGE BARN is a large extended detached house of 131m², built sometime from 2007 onwards. It was last sold for £385,000 in October 2007, which was around 18% above the average October 2007 detached price in the Tewkesbury local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

SMITH COTTAGE BARN Sold Prices

Land registry data shows two sales for SMITH COTTAGE BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. One of the two SMITH COTTAGE BARN 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
2007 12 OCT	£385,000	£327,062	18% above HPI
2006 23 MAY	£175,000	£294,596	41% below HPI

SMITH COTTAGE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two SMITH COTTAGE BARN sales from May 2006 and October 2007 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 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2007 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is SMITH COTTAGE BARN?

SMITH COTTAGE BARN is 131m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses in Highnam, based on EPC data. The below chart shows the distribution of detached houses by size in Highnam, and where SMITH COTTAGE BARN lies on this distribution: 74% of detached houses are smaller than SMITH COTTAGE BARN, and 24% of houses are larger. Note that EPC data is not available for all properties in Highnam.

SMITH COTTAGE BARN: Plot and Title Map

SMITH COTTAGE BARN sits on a plot of roughly 0.377 of an acre, or 1,524m². The below map shows the location of SMITH COTTAGE BARN, 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 SMITH COTTAGE BARN). 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 SMITH COTTAGE BARN?

SMITH COTTAGE BARN is located on TWO MILE LANE in HIGHNAM, in the GL2 postcode district. The below map shows the position of SMITH COTTAGE BARN on TWO MILE LANE.