TEAL COTTAGE, SALISBURY LANE, OVER WALLOP, STOCKBRIDGE, SO20 8JJ - £640,000

Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources

TEAL COTTAGE is a midsized extended detached house of 175m², built sometime between 1983 and 1990. It was last sold for £640,000 in June 2021, which was around 19% above the average June 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

TEAL COTTAGE Sold Prices

Land registry data shows two sales for TEAL 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 Test Valley local authority area for the corresponding sale date. Both of the two TEAL 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
2021 15 JUN	£640,000	£539,008	19% above HPI
2016 26 FEB	£595,000	£454,909	31% above HPI

TEAL 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 two TEAL COTTAGE sales from February 2016 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 February 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is TEAL COTTAGE?

TEAL COTTAGE is 175m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Over Wallop, based on EPC data. The below chart shows the distribution of detached houses by size in Over Wallop, and where TEAL COTTAGE lies on this distribution: 58% of detached houses are smaller than TEAL COTTAGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Over Wallop.

TEAL COTTAGE: Plot and Title Map

TEAL COTTAGE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of TEAL 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 TEAL 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 TEAL COTTAGE?

TEAL COTTAGE is located on SALISBURY LANE in OVER WALLOP, in the SO20 postcode district. The below map shows the position of TEAL COTTAGE on SALISBURY LANE.