SPRING COTTAGE, MEADOW WAY, CHARMOUTH, BRIDPORT, DT6 6NS - £510,000

SPRING COTTAGE is a very small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £510,000 in May 2017, which was around 26% above the average May 2017 detached price in the Dorset local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING 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 Dorset local authority area for the corresponding sale date. One of the three SPRING COTTAGE sales was for above the average price, whilst two 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
2017 30 MAY	£510,000	£406,289	26% above HPI
1997 24 APR	£76,000	£103,450	27% below HPI
1995 17 MAR	£73,500	£93,676	22% below HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three SPRING COTTAGE sales between March 1995 and May 2017 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 April 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 98m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in Charmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Charmouth, and where SPRING COTTAGE lies on this distribution: 16% of detached houses are smaller than SPRING COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Charmouth.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on MEADOW WAY in CHARMOUTH, in the DT6 postcode district. The below map shows the position of SPRING COTTAGE on MEADOW WAY.