NURSES COTTAGE, WETHERSFIELD ROAD, FINCHINGFIELD, BRAINTREE, CM7 4NR - £453,000

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.

NURSES COTTAGE is a very small extended detached house of 43m², built sometime before 1900, which could now be worth an estimated £528,448. It was last sold for £453,000 in August 2020, which was around 8% below the average August 2020 detached price in the Braintree local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

NURSES COTTAGE Sold Prices

Land registry data shows six sales for NURSES COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the six NURSES 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
2020 27 AUG	£453,000	£495,071	8% below HPI
2013 8 NOV	£280,000	£339,693	18% below HPI
2010 10 DEC	£250,000	£314,601	21% below HPI
2006 31 MAR	£232,000	£298,668	22% below HPI
1998 12 JAN	£129,950	£111,245	17% above HPI
1995 15 DEC	£79,000	£97,373	19% below HPI

NURSES COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The six NURSES COTTAGE sales between December 1995 and August 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 November 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might NURSES COTTAGE be worth now?

NURSES COTTAGE might now be worth an estimated £528,448.

This is based on house price inflation of 16.7%, between August 2020 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for NURSES COTTAGE of £453,000 on 27th August 2020. For the value to have increased from £453,000 to £528,448 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of NURSES COTTAGE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2020 sale price of £453,000 represented a fair market value for the property.
• The size, condition, and specification of NURSES COTTAGE has not materially changed since August 2020.

How Large is NURSES COTTAGE?

NURSES COTTAGE is 43m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses houses in Finchingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Finchingfield, and where NURSES COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than NURSES COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

NURSES COTTAGE: Plot and Title Map

NURSES COTTAGE sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of NURSES 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 NURSES 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 NURSES COTTAGE?

NURSES COTTAGE is located on WETHERSFIELD ROAD in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of NURSES COTTAGE on WETHERSFIELD ROAD.