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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Spring Cottage, Axbridge is recorded publicly as a modern freehold house across 2,152 ft2 of internal area, sitting on a 605 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Spring Cottage, Axbridge is £665,318 and its rental estimate is £2,627 per month, given the available information and assuming reasonable condition.
Sparrow Hill Way, Weare, Axbridge, BS26 falls within the BS26 postal district.
Spring Cottage, Axbridge has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Spring Cottage, Axbridge, we estimate a market value of £698,584 and a rental value of £2,759 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £618,746 and £2,443 per month respectively.
Over the last year, Spring Cottage, Axbridge has seen its estimated sale value drop by £21,767 (3.3%) and its estimated rental value rise by £46 per month (1.7%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for Spring Cottage, Axbridge as measuring 605 m2.
That makes it the 26th largest plot in the postcode, where 37 of the 43 other houses have recorded plot data.
Spring Cottage, Axbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Nov 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
The most recent sale of Spring Cottage, Axbridge completed on 22nd September 2017 at £540,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 11.7% over the period since September 2017.
Over the past 2 years 3 properties similar to Spring Cottage, Axbridge have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2022, was Meadowbank, Sparrow Hill Way, Axbridge, BS26 2LA, a freehold house which sold for £820,000.
Read more about house prices in BS26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 59 addresses on Sparrow Hill Way, Weare, Axbridge, BS26, Spring Cottage, Axbridge comes out as the 19th largest and the 18th most expensive in our analysis of the public data.
It is also £282k more expensive than the average property across the BS26 district.
From Spring Cottage, Axbridge, the nearest station is Worle, 10.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Spring Cottage, Axbridge, 54.4% of property is privately owned outright and 28.7% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Spring Cottage, Axbridge, 13.8% of residents are recorded as possessing school level qualifications and 40.7% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Spring Cottage, Axbridge, the average age was 47.9 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Spring Cottage, Axbridge, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Spring Cottage, Axbridge, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
