COPPER COTTAGE, SAFFRON GARDENS, WETHERSFIELD, BRAINTREE, CM7 4BL - £320,000

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

COPPER COTTAGE is a large detached house of 139m². It was last sold for £320,000 in May 2014, which was around 6% below the average May 2014 detached price in the Braintree local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

COPPER COTTAGE Sold Prices

Land registry data shows two sales for COPPER 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. One of the two COPPER COTTAGE sales was for below the average price, whilst the other was 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
2014 16 MAY	£320,000	£338,697	6% below HPI
2010 19 MAR	£325,000	£301,848	8% above HPI

COPPER 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 COPPER COTTAGE sales from March 2010 and May 2014 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 March 2010 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is COPPER COTTAGE?

COPPER COTTAGE is 139m² according to the EPC inspection conducted in January 2010. This puts it in the largest 30% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where COPPER COTTAGE lies on this distribution: 74% of detached houses are smaller than COPPER COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

COPPER COTTAGE: Plot and Title Map

COPPER COTTAGE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of COPPER 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 COPPER 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 COPPER COTTAGE?

COPPER COTTAGE is located on SAFFRON GARDENS in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of COPPER COTTAGE on SAFFRON GARDENS.