CORNER COTTAGE, RED BARN LANE, GREAT OAKLEY, HARWICH, CO12 5BE - £399,950

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.

CORNER COTTAGE is a midsized detached house of 105m², which could now be worth an estimated £381,988. It was last sold for £399,950 in December 2022, which was around 1% above the average December 2022 detached price in the Tendring local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

CORNER COTTAGE Sold Prices

Land registry data shows two sales for CORNER 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 Tendring local authority area for the corresponding sale date. Both of the two CORNER COTTAGE sales were 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
2022 20 DEC	£399,950	£396,394	1% above HPI
2020 3 DEC	£356,000	£333,318	7% above HPI

CORNER COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two CORNER COTTAGE sales from December 2020 and December 2022 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 December 2020 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might CORNER COTTAGE be worth now?

CORNER COTTAGE might now be worth an estimated £381,988.

This is based on house price deflation of 4.5%, between December 2022 and February 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% deflationary decrease is applied to the most recent sale price for CORNER COTTAGE of £399,950 on 20th December 2022. For the value to have decreased from £399,950 to £381,988 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of CORNER COTTAGE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The December 2022 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of CORNER COTTAGE has not materially changed since December 2022.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 105m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses houses in Great Oakley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Oakley, and where CORNER COTTAGE lies on this distribution: 44% of detached houses houses are smaller than CORNER COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Great Oakley.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located on RED BARN LANE in GREAT OAKLEY, in the CO12 postcode district. The below map shows the position of CORNER COTTAGE on RED BARN LANE.