GATE COTTAGE, STANFORD RIVERS ROAD, ONGAR, CM5 9BT - £1,215,000

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

GATE COTTAGE is a very large extended detached house of 326m², built sometime before 1900. It was last sold for £1,215,000 in November 2014, which was around 77% above the average November 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

GATE COTTAGE Sold Prices

Land registry data shows two sales for GATE 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 GATE 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
2014 7 NOV	£1,215,000	£687,556	77% above HPI
2003 10 JAN	£725,000	£416,397	74% above HPI

GATE 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 GATE COTTAGE sales from January 2003 and November 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 January 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the November 2014 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is GATE COTTAGE?

GATE COTTAGE is 326m², which includes four extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% 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 GATE COTTAGE lies on this distribution: 99% of detached houses are smaller than GATE COTTAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

GATE COTTAGE: Plot and Title Map

GATE COTTAGE sits on a plot of roughly 0.294 of an acre, or 1,188m². The below map shows the location of GATE 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 GATE 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 GATE COTTAGE?

GATE COTTAGE is located on STANFORD RIVERS ROAD in ONGAR, in the CM5 postcode district. The below map shows the position of GATE COTTAGE on STANFORD RIVERS ROAD.