BLACKSMITHS COTTAGE, BANNISTER GREEN, FELSTED, DUNMOW, CM6 3NF - £400,000

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

BLACKSMITHS COTTAGE is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £400,000 in January 2017, which was around 32% below the average January 2017 detached price in the Uttlesford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

BLACKSMITHS COTTAGE Sold Prices

Land registry data shows four sales for BLACKSMITHS COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the four BLACKSMITHS 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
2017 19 JAN	£400,000	£592,378	32% below HPI
2005 6 SEP	£307,000	£359,326	15% below HPI
1998 31 JUL	£147,000	£176,522	17% below HPI
1996 26 NOV	£26,000	£135,161	81% below HPI

BLACKSMITHS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The four BLACKSMITHS COTTAGE sales between November 1996 and January 2017 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 September 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is BLACKSMITHS COTTAGE?

BLACKSMITHS COTTAGE is 126m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Bannister Green, based on EPC data. The below chart shows the distribution of detached houses by size in Bannister Green, and where BLACKSMITHS COTTAGE lies on this distribution: 41% of detached houses are smaller than BLACKSMITHS COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bannister Green.

BLACKSMITHS COTTAGE: Plot and Title Map

BLACKSMITHS COTTAGE sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of BLACKSMITHS 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 BLACKSMITHS 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 BLACKSMITHS COTTAGE?

BLACKSMITHS COTTAGE is located on BANNISTER GREEN in FELSTED, in the CM6 postcode district. The below map shows the position of BLACKSMITHS COTTAGE on BANNISTER GREEN.