MOUNT COTTAGE, ELM GREEN LANE, DANBURY, CHELMSFORD, CM3 4DR - £910,000

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

MOUNT COTTAGE is a large extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £910,000 in January 2020, which was around 58% above the average January 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

MOUNT COTTAGE Sold Prices

Land registry data shows two sales for MOUNT 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 Chelmsford local authority area for the corresponding sale date. Both of the two MOUNT 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
2020 29 JAN	£910,000	£577,576	58% above HPI
1997 6 OCT	£290,100	£130,441	122% above HPI

MOUNT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two MOUNT COTTAGE sales from October 1997 and January 2020 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 1997 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the January 2020 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is MOUNT COTTAGE?

MOUNT COTTAGE is 167m², which includes four extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where MOUNT COTTAGE lies on this distribution: 64% of detached houses are smaller than MOUNT COTTAGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Danbury.

MOUNT COTTAGE: Plot and Title Map

MOUNT COTTAGE sits on a plot of roughly 0.271 of an acre, or 1,097m². The below map shows the location of MOUNT 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 MOUNT 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 MOUNT COTTAGE?

MOUNT COTTAGE is located on ELM GREEN LANE in DANBURY, in the CM3 postcode district. The below map shows the position of MOUNT COTTAGE on ELM GREEN LANE.