SPRING COTTAGE, PARK LANE, BLAGDON, BRISTOL, BS40 7SB - £855,000

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

SPRING COTTAGE is a very large extended detached house of 265m², built sometime before 1900. It was last sold for £855,000 in December 2019, which was around 103% above the average December 2019 detached price in the North Somerset local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

SPRING COTTAGE Sold Prices

Land registry data shows two sales for SPRING 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 North Somerset local authority area for the corresponding sale date. Both of the two SPRING COTTAGE sales were for above 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 19 DEC	£855,000	£420,547	103% above HPI
2006 7 NOV	£625,000	£288,603	117% above HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The two SPRING COTTAGE sales from November 2006 and December 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 November 2006 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the December 2019 sale, where it falls to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 265m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in Blagdon, based on EPC data. The below chart shows the distribution of detached houses by size in Blagdon, and where SPRING COTTAGE lies on this distribution: 97% of detached houses are smaller than SPRING COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Blagdon.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.299 of an acre, or 1,210m². 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 PARK LANE in BLAGDON, in the BS40 postcode district. The below map shows the position of SPRING COTTAGE on PARK LANE.