GRIFFIN COTTAGE, HAMPIT ROAD, ARKESDEN, SAFFRON WALDEN, CB11 4HJ - £232,000

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.

GRIFFIN COTTAGE is a very small extended semi-detached house of 46m², built sometime before 1900, which could now be worth an estimated £409,280. It was last sold for £232,000 in August 2011, which was around 7% below the average August 2011 semi-detached price in the Uttlesford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

GRIFFIN COTTAGE Sold Prices

Land registry data shows three sales for GRIFFIN COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Uttlesford local authority area for the corresponding sale date. All of the three GRIFFIN 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
2011 1 AUG	£232,000	£248,344	7% below HPI
2002 15 NOV	£171,000	£184,463	7% below HPI
1996 30 JUL	£52,500	£77,297	32% below HPI

GRIFFIN COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Uttlesford local authority area over time, sourced from the HPI. The three GRIFFIN COTTAGE sales between July 1996 and August 2011 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 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2011 sale, which was also at 7% below the HPI.

What might GRIFFIN COTTAGE be worth now?

GRIFFIN COTTAGE might now be worth an estimated £409,280.

This is based on house price inflation of 76.4%, between August 2011 and February 2025, for semi-detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.4% inflationary increase is applied to the most recent sale price for GRIFFIN COTTAGE of £232,000 on 1st August 2011. For the value to have increased from £232,000 to £409,280 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of GRIFFIN COTTAGE has moved in line with the HPI for semi-detached houses in the Uttlesford local authority area.
• The August 2011 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of GRIFFIN COTTAGE has not materially changed since August 2011.

How Large is GRIFFIN COTTAGE?

GRIFFIN COTTAGE is 46m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of semi-detached houses houses in Arkesden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Arkesden, and where GRIFFIN COTTAGE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than GRIFFIN COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Arkesden.

GRIFFIN COTTAGE: Plot and Title Map

GRIFFIN COTTAGE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of GRIFFIN 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 GRIFFIN 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 GRIFFIN COTTAGE?

GRIFFIN COTTAGE is located on HAMPIT ROAD in ARKESDEN, in the CB11 postcode district. The below map shows the position of GRIFFIN COTTAGE on HAMPIT ROAD.