WALLACE COTTAGE, HILL BOTTOM, WHITCHURCH HILL, READING, RG8 7PU - £470,000

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

WALLACE COTTAGE is a very small detached house of 60m², built in 2021. It was last sold for £470,000 in June 2023, which was around 38% below the average June 2023 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

WALLACE COTTAGE Sold Prices

Land registry data shows two sales for WALLACE 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 South Oxfordshire local authority area for the corresponding sale date. Both of the two WALLACE 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
2023 23 JUN	£470,000	£759,868	38% below HPI
2021 17 DEC	£465,000	£753,633	38% below HPI

WALLACE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two WALLACE COTTAGE sales from December 2021 and June 2023 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 December 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2023 sale, which was also at 38% below the HPI.

How Large is WALLACE COTTAGE?

WALLACE COTTAGE is 60m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Whitchurch Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Whitchurch Hill, and where WALLACE COTTAGE lies on this distribution: 1% of detached houses are smaller than WALLACE COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Whitchurch Hill.

WALLACE COTTAGE: Plot and Title Map

WALLACE COTTAGE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of WALLACE 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 WALLACE 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 WALLACE COTTAGE?

WALLACE COTTAGE is located on HILL BOTTOM in WHITCHURCH HILL, in the RG8 postcode district. The below map shows the position of WALLACE COTTAGE on HILL BOTTOM.