PADDOCK COTTAGE, THE STREET, FEERING, COLCHESTER, CO5 9QQ - £575,000

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.

PADDOCK COTTAGE is a large detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £674,068. It was last sold for £575,000 in August 2018, which was around 17% above the average August 2018 detached price in the Braintree local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was A.

PADDOCK COTTAGE Sold Prices

Land registry data shows two sales for PADDOCK 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 Braintree local authority area for the corresponding sale date. Both of the two PADDOCK 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
2018 21 AUG	£575,000	£492,647	17% above HPI
2015 30 JUN	£510,000	£390,751	31% above HPI

PADDOCK 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 two PADDOCK COTTAGE sales from June 2015 and August 2018 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 June 2015 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might PADDOCK COTTAGE be worth now?

PADDOCK COTTAGE might now be worth an estimated £674,068.

This is based on house price inflation of 17.2%, between August 2018 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 17.2% inflationary increase is applied to the most recent sale price for PADDOCK COTTAGE of £575,000 on 21st August 2018. For the value to have increased from £575,000 to £674,068 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of PADDOCK COTTAGE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2018 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of PADDOCK COTTAGE has not materially changed since August 2018.

How Large is PADDOCK COTTAGE?

PADDOCK COTTAGE is 145m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses houses in Feering, based on EPC data. The below chart shows the distribution of detached houses houses by size in Feering, and where PADDOCK COTTAGE lies on this distribution: 76% of detached houses houses are smaller than PADDOCK COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Feering.

PADDOCK COTTAGE: Plot and Title Map

PADDOCK COTTAGE sits on a plot of roughly 0.229 of an acre, or 927m². The below map shows the location of PADDOCK 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 PADDOCK 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 PADDOCK COTTAGE?

PADDOCK COTTAGE is located on THE STREET in FEERING, in the CO5 postcode district. The below map shows the position of PADDOCK COTTAGE on THE STREET.