2, PROVIDENCE COTTAGE, THE STREET, HATFIELD PEVEREL, CHELMSFORD, CM3 2EA - £59,995

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

2 PROVIDENCE COTTAGE is a very small extended detached house of 42m², built sometime between 1930 and 1949. It was last sold for £59,995 in May 1997, which was around 38% below the average May 1997 detached price in the Braintree local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

2 PROVIDENCE COTTAGE Sold Prices

Land registry data shows two sales for 2 PROVIDENCE 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 Braintree local authority area for the corresponding sale date. Both of the two 2 PROVIDENCE 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
1997 23 MAY	£59,995	£97,433	38% below HPI
1996 20 DEC	£31,250	£95,009	67% below HPI

2 PROVIDENCE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 2 PROVIDENCE COTTAGE sales from December 1996 and May 1997 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 1996 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the May 1997 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 PROVIDENCE COTTAGE?

2 PROVIDENCE COTTAGE is 42m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield Peverel, and where 2 PROVIDENCE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than 2 PROVIDENCE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

2 PROVIDENCE COTTAGE: Plot and Title Map

2 PROVIDENCE COTTAGE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 PROVIDENCE 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 2 PROVIDENCE 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 2 PROVIDENCE COTTAGE?

2 PROVIDENCE COTTAGE is located on THE STREET in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of 2 PROVIDENCE COTTAGE on THE STREET.