SPRINGMEADOW COTTAGE, APPLETREE LANE, INKBERROW, WORCESTER, WR7 4JA - £380,000

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

SPRINGMEADOW COTTAGE is a very small detached house of 49m², built sometime before 1900. It was last sold for £380,000 in June 2021, which was around 11% below the average June 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

SPRINGMEADOW COTTAGE Sold Prices

Land registry data shows four sales for SPRINGMEADOW COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the four SPRINGMEADOW COTTAGE sales 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
2021 16 JUN	£380,000	£428,753	11% below HPI
2016 24 AUG	£300,000	£358,640	16% below HPI
2006 19 MAY	£275,000	£302,389	9% below HPI
2003 12 DEC	£245,000	£257,091	5% below HPI

SPRINGMEADOW 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 four SPRINGMEADOW COTTAGE sales between December 2003 and June 2021 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 August 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is SPRINGMEADOW COTTAGE?

SPRINGMEADOW COTTAGE is 49m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in Inkberrow, based on EPC data. The below chart shows the distribution of detached houses by size in Inkberrow, and where SPRINGMEADOW COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than SPRINGMEADOW COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Inkberrow.

SPRINGMEADOW COTTAGE: Plot and Title Map

SPRINGMEADOW COTTAGE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of SPRINGMEADOW 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 SPRINGMEADOW 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 SPRINGMEADOW COTTAGE?

SPRINGMEADOW COTTAGE is located on APPLETREE LANE in INKBERROW, in the WR7 postcode district. The below map shows the position of SPRINGMEADOW COTTAGE on APPLETREE LANE.