2, SIMMS COTTAGE, BRAINTREE ROAD, WETHERSFIELD, BRAINTREE, CM7 4BX - £323,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SIMMS COTTAGE is a midsized extended detached house of 118m², built sometime before 1900, which could now be worth an estimated £629,930. It was last sold for £323,000 in February 2005, which was around 9% above the average February 2005 detached price in the Braintree local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was F.

2 SIMMS COTTAGE Sold Prices

Land registry data shows two sales for 2 SIMMS 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 SIMMS 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
2005 11 FEB	£323,000	£296,606	9% above HPI
2002 19 JUL	£305,000	£219,084	39% above HPI

2 SIMMS 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 SIMMS COTTAGE sales from July 2002 and February 2005 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 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2005 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 SIMMS COTTAGE be worth now?

2 SIMMS COTTAGE might now be worth an estimated £629,930.

This is based on house price inflation of 95%, between February 2005 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 95% inflationary increase is applied to the most recent sale price for 2 SIMMS COTTAGE of £323,000 on 11th February 2005. For the value to have increased from £323,000 to £629,930 over the eighteen years and two months to December 2024, the following assumptions must hold true:

• The value of 2 SIMMS COTTAGE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The February 2005 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SIMMS COTTAGE has not materially changed since February 2005.

How Large is 2 SIMMS COTTAGE?

2 SIMMS COTTAGE is 118m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 50% of detached houses houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wethersfield, and where 2 SIMMS COTTAGE lies on this distribution: 59% of detached houses houses are smaller than 2 SIMMS COTTAGE, and 41% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

2 SIMMS COTTAGE: Plot and Title Map

2 SIMMS COTTAGE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 2 SIMMS 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 SIMMS 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 SIMMS COTTAGE?

2 SIMMS COTTAGE is located on BRAINTREE ROAD in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of 2 SIMMS COTTAGE on BRAINTREE ROAD.