THE COTTAGE, NEIGH LANE, CROPTHORNE, PERSHORE, WR10 3NG - £555,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE COTTAGE is a very small extended semi-detached house of 53m², built sometime before 1900, which could now be worth an estimated £594,821. It was last sold for £555,500 in December 2021, which was around 109% above the average December 2021 semi-detached price in the Wychavon local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wychavon local authority area for the corresponding sale date. All of the three 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
2021 22 DEC	£555,500	£265,848	109% above HPI
2012 18 JUL	£249,000	£173,387	44% above HPI
2004 15 SEP	£230,000	£171,453	34% above HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wychavon local authority area over time, sourced from the HPI. The three THE COTTAGE sales between September 2004 and December 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 July 2012 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2021 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £594,821.

This is based on house price inflation of 7.1%, between December 2021 and February 2025, for semi-detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for THE COTTAGE of £555,500 on 22nd December 2021. For the value to have increased from £555,500 to £594,821 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for semi-detached houses in the Wychavon local authority area.
• The December 2021 sale price of £555,500 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since December 2021.

How Large is THE COTTAGE?

THE COTTAGE is 53m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of semi-detached houses houses in Cropthorne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cropthorne, and where THE COTTAGE lies on this distribution: Less than 1% of semi-detached houses 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 Cropthorne.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.126 of an acre, or 509m². 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 on NEIGH LANE in CROPTHORNE, in the WR10 postcode district. The below map shows the position of THE COTTAGE on NEIGH LANE.