CHAPEL COTTAGE, THE GREEN, WETHERSFIELD, BRAINTREE, CM7 4BS - £355,000

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

CHAPEL COTTAGE is a midsized extended semi-detached house of 106m², built sometime before 1900, which could now be worth an estimated £360,003. It was last sold for £355,000 in May 2024, which was around 7% above the average May 2024 semi-detached price in the Braintree local authority area. The most recent EPC inspection was April 2017, where the current energy rating was G, and the potential energy rating was E.

CHAPEL COTTAGE Sold Prices

Land registry data shows three sales for CHAPEL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. The three CHAPEL COTTAGE sales were a mix of above the average price, and roughly equal to 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
2024 2 MAY	£355,000	£333,187	7% above HPI
2018 11 JUL	£320,000	£288,686	11% above HPI
2016 3 JUN	£260,000	£259,468	Close to HPI

CHAPEL COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three CHAPEL COTTAGE sales between June 2016 and May 2024 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 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might CHAPEL COTTAGE be worth now?

CHAPEL COTTAGE might now be worth an estimated £360,003.

This is based on house price inflation of 1.4%, between May 2024 and December 2024, for semi-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 1.4% inflationary increase is applied to the most recent sale price for CHAPEL COTTAGE of £355,000 on 2nd May 2024. For the value to have increased from £355,000 to £360,003 over the five months to December 2024, the following assumptions must hold true:

• The value of CHAPEL COTTAGE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The May 2024 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL COTTAGE has not materially changed since May 2024.

How Large is CHAPEL COTTAGE?

CHAPEL COTTAGE is 106m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of semi-detached houses houses in Wethersfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wethersfield, and where CHAPEL COTTAGE lies on this distribution: 56% of semi-detached houses houses are smaller than CHAPEL COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

CHAPEL COTTAGE: Plot and Title Map

CHAPEL COTTAGE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of CHAPEL 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 CHAPEL 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 CHAPEL COTTAGE?

CHAPEL COTTAGE is located on THE GREEN in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of CHAPEL COTTAGE on THE GREEN.