CHESTNUT COTTAGE, THE STREET, PURLEIGH, CHELMSFORD, CM3 6QL - £620,000

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

CHESTNUT COTTAGE is a large extended detached house of 189m², built sometime between 1991 and 1995, which could now be worth an estimated £1,130,329. It was last sold for £620,000 in November 2010, which was around 100% above the average November 2010 detached price in the Maldon local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

CHESTNUT COTTAGE Sold Prices

Land registry data shows two sales for CHESTNUT 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 Maldon local authority area for the corresponding sale date. One of the two CHESTNUT COTTAGE sales was for above the average price, whilst the other was 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
2010 9 NOV	£620,000	£310,512	100% above HPI
1996 22 OCT	£70,000	£98,468	29% below HPI

CHESTNUT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two CHESTNUT COTTAGE sales from October 1996 and November 2010 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 October 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2010 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might CHESTNUT COTTAGE be worth now?

CHESTNUT COTTAGE might now be worth an estimated £1,130,329.

This is based on house price inflation of 82.3%, between November 2010 and December 2024, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.3% inflationary increase is applied to the most recent sale price for CHESTNUT COTTAGE of £620,000 on 9th November 2010. For the value to have increased from £620,000 to £1,130,329 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of CHESTNUT COTTAGE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The November 2010 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUT COTTAGE has not materially changed since November 2010.

How Large is CHESTNUT COTTAGE?

CHESTNUT COTTAGE is 189m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 30% of detached houses houses in Purleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Purleigh, and where CHESTNUT COTTAGE lies on this distribution: 71% of detached houses houses are smaller than CHESTNUT COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Purleigh.

CHESTNUT COTTAGE: Plot and Title Map

CHESTNUT COTTAGE sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of CHESTNUT 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 CHESTNUT 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 CHESTNUT COTTAGE?

CHESTNUT COTTAGE is located on THE STREET in PURLEIGH, in the CM3 postcode district. The below map shows the position of CHESTNUT COTTAGE on THE STREET.