CROFT COTTAGE, GREENSTED ROAD, ONGAR, CM5 9HF - £329,950

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

CROFT COTTAGE is a very small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £329,950 in March 2006, which was around 28% below the average March 2006 detached price in the Epping Forest local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

CROFT COTTAGE Sold Prices

Land registry data shows two sales for CROFT 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 Epping Forest local authority area for the corresponding sale date. Both of the two CROFT 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
2006 1 MAR	£329,950	£455,598	28% below HPI
2001 2 OCT	£248,000	£347,702	29% below HPI

CROFT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The two CROFT COTTAGE sales from October 2001 and March 2006 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 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2006 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is CROFT COTTAGE?

CROFT COTTAGE is 92m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Chipping Ongar, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Ongar, and where CROFT COTTAGE lies on this distribution: 14% of detached houses are smaller than CROFT COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

CROFT COTTAGE: Plot and Title Map

CROFT COTTAGE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of CROFT 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 CROFT 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 CROFT COTTAGE?

CROFT COTTAGE is located on GREENSTED ROAD in ONGAR, in the CM5 postcode district. The below map shows the position of CROFT COTTAGE on GREENSTED ROAD.