THE COTTAGE, ELMLEY CASTLE, PERSHORE, WR10 3HW - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE COTTAGE is a very small extended detached house of 51m², built sometime before 1900. It was last sold for £385,000 in October 2020, which was around 6% below the average October 2020 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2010, where the current energy rating was G, and the potential energy rating was G.

THE COTTAGE Sold Prices

Land registry data shows five sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Most of the five THE 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
2020 9 OCT	£385,000	£411,680	6% below HPI
2015 11 MAY	£395,000	£331,194	19% above HPI
2013 14 FEB	£365,000	£300,336	22% above HPI
2011 12 APR	£338,000	£297,841	13% above HPI
1995 23 OCT	£72,000	£102,955	30% below HPI

THE 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 five THE COTTAGE sales between October 1995 and October 2020 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 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 51m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Elmley Castle, based on EPC data. The below chart shows the distribution of detached houses by size in Elmley Castle, and where THE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than THE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Elmley Castle.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located in ELMLEY CASTLE, in the WR10 postcode district. The below map shows the position of THE COTTAGE in ELMLEY CASTLE.