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
GLEBE FARM COTTAGE is a very large extended detached house of 176m², built sometime between 1930 and 1949. It was last sold for £775,000 in October 2021, which was around 55% above the average October 2021 detached price in the Braintree local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for GLEBE FARM COTTAGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four GLEBE FARM 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 |
---|---|---|---|
2021 8 OCT | £775,000 | £500,023 | 55% above HPI |
2013 28 NOV | £620,000 | £324,775 | 91% above HPI |
2003 31 JUL | £314,000 | £248,470 | 26% above HPI |
1997 21 MAR | £91,000 | £97,497 | 7% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The four GLEBE FARM COTTAGE sales between March 1997 and October 2021 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 November 2013 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the October 2021 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.
GLEBE FARM COTTAGE is 176m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 10% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where GLEBE FARM COTTAGE lies on this distribution: 92% of detached houses are smaller than GLEBE FARM COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Witham.
GLEBE FARM COTTAGE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of GLEBE FARM 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 GLEBE FARM 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.
GLEBE FARM COTTAGE is located on RECTORY LANE in RIVENHALL, in the CM8 postcode district. The below map shows the position of GLEBE FARM COTTAGE on RECTORY LANE.