5, PAPERMILL COTTAGES, HALSTEAD, CO9 2LU - £110,000

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.

5 PAPERMILL COTTAGES is a very small detached house of 47m², built sometime before 1900, which could now be worth an estimated £204,478. It was last sold for £110,000 in October 2006, which was around 65% below the average October 2006 detached price in the Braintree local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was A.

5 PAPERMILL COTTAGES Sold Prices

Land registry data shows two sales for 5 PAPERMILL COTTAGES 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 5 PAPERMILL COTTAGES 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
2006 6 OCT	£110,000	£310,683	65% below HPI
2004 30 JAN	£81,000	£267,726	70% below HPI

5 PAPERMILL COTTAGES 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 5 PAPERMILL COTTAGES sales from January 2004 and October 2006 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 January 2004 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the October 2006 sale, where it rises to 65% below the HPI. The line then continues to track at 65% below the HPI.

What might 5 PAPERMILL COTTAGES be worth now?

5 PAPERMILL COTTAGES might now be worth an estimated £204,478.

This is based on house price inflation of 85.9%, between October 2006 and February 2025, 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 85.9% inflationary increase is applied to the most recent sale price for 5 PAPERMILL COTTAGES of £110,000 on 6th October 2006. For the value to have increased from £110,000 to £204,478 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 PAPERMILL COTTAGES has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2006 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PAPERMILL COTTAGES has not materially changed since October 2006.

How Large is 5 PAPERMILL COTTAGES?

5 PAPERMILL COTTAGES is 47m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halstead, and where 5 PAPERMILL COTTAGES lies on this distribution: Less than 1% of detached houses houses are smaller than 5 PAPERMILL COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Halstead.

5 PAPERMILL COTTAGES: Plot and Title Map

5 PAPERMILL COTTAGES sits on a plot of roughly 0.007 of an acre, or 30m². The below map shows the location of 5 PAPERMILL 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 5 PAPERMILL 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 5 PAPERMILL COTTAGES?

5 PAPERMILL COTTAGES is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 5 on PAPERMILL COTTAGES.