2, HILL COTTAGES, LAYER BRETON HILL, LAYER BRETON, COLCHESTER, CO2 0PR - £320,000

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.

2 HILL COTTAGES is a very small extended semi-detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £373,250. It was last sold for £320,000 in September 2018, which was around 13% above the average September 2018 semi-detached price in the Colchester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

2 HILL COTTAGES Sold Prices

Land registry data shows two sales for 2 HILL COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 2 HILL COTTAGES 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
2018 21 SEP	£320,000	£283,980	13% above HPI
2007 21 AUG	£230,000	£203,810	13% above HPI

2 HILL COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 2 HILL COTTAGES sales from August 2007 and September 2018 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 August 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2018 sale, which was also at 13% above the HPI.

What might 2 HILL COTTAGES be worth now?

2 HILL COTTAGES might now be worth an estimated £373,250.

This is based on house price inflation of 16.6%, between September 2018 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 2 HILL COTTAGES of £320,000 on 21st September 2018. For the value to have increased from £320,000 to £373,250 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 HILL COTTAGES has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The September 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HILL COTTAGES has not materially changed since September 2018.

How Large is 2 HILL COTTAGES?

2 HILL COTTAGES is 97m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of semi-detached houses houses in Layer Breton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Layer Breton, and where 2 HILL COTTAGES lies on this distribution: 13% of semi-detached houses houses are smaller than 2 HILL COTTAGES, and 87% of houses are larger. Note that EPC data is not available for all properties in Layer Breton.

2 HILL COTTAGES: Plot and Title Map

2 HILL COTTAGES sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of 2 HILL COTTAGES, 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 2 HILL COTTAGES). 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 2 HILL COTTAGES?

2 HILL COTTAGES is located on LAYER BRETON HILL in LAYER BRETON, in the CO2 postcode district. The below map shows the position of 2 HILL COTTAGES on LAYER BRETON HILL.