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

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.

MOUNT COTTAGE is a large extended detached house of 167m², built sometime between 1930 and 1949, which could now be worth an estimated £1,037,469. It was last sold for £910,000 in January 2020, which was around 56% 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	£583,734	56% above HPI
1997 6 OCT	£290,100	£131,832	120% 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 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the January 2020 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might MOUNT COTTAGE be worth now?

MOUNT COTTAGE might now be worth an estimated £1,037,469.

This is based on house price inflation of 14%, between January 2020 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for MOUNT COTTAGE of £910,000 on 29th January 2020. For the value to have increased from £910,000 to £1,037,469 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of MOUNT COTTAGE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The January 2020 sale price of £910,000 represented a fair market value for the property.
• The size, condition, and specification of MOUNT COTTAGE has not materially changed since January 2020.

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 houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Danbury, and where MOUNT COTTAGE lies on this distribution: 65% of detached houses houses are smaller than MOUNT COTTAGE, and 34% 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.