CROWN COTTAGE, SMITHS GREEN, TAKELEY, BISHOP'S STORTFORD, CM22 6NS - £365,000

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

CROWN COTTAGE is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £365,000 in July 2012, which was around 14% below the average July 2012 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

CROWN COTTAGE Sold Prices

Land registry data shows four sales for CROWN COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the four CROWN 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
2012 27 JUL	£365,000	£424,525	14% below HPI
2003 5 AUG	£235,000	£320,643	27% below HPI
2001 19 APR	£133,000	£237,271	44% below HPI
2000 9 OCT	£112,000	£237,470	53% below HPI

CROWN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The four CROWN COTTAGE sales between October 2000 and July 2012 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 August 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2012 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is CROWN COTTAGE?

CROWN COTTAGE is 100m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Takeley, based on EPC data. The below chart shows the distribution of detached houses by size in Takeley, and where CROWN COTTAGE lies on this distribution: 28% of detached houses are smaller than CROWN COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Takeley.

CROWN COTTAGE: Plot and Title Map

CROWN COTTAGE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of CROWN 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 CROWN 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 CROWN COTTAGE?

CROWN COTTAGE is located on SMITHS GREEN in TAKELEY, in the CM22 postcode district. The below map shows the position of CROWN COTTAGE on SMITHS GREEN.