PARSONAGE FARM COTTAGE, ARKESDEN, SAFFRON WALDEN, CB11 4EX - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PARSONAGE FARM COTTAGE is a small extended detached house of 114m², built sometime before 1900, which could now be worth an estimated £987,242. It was last sold for £410,000 in August 2002, which was around 35% above the average August 2002 detached price in the Uttlesford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

PARSONAGE FARM COTTAGE Sold Prices

Land registry data shows three sales for PARSONAGE FARM COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the three PARSONAGE FARM 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
2002 8 AUG	£410,000	£303,172	35% above HPI
2000 8 MAR	£385,000	£206,871	86% above HPI
1997 24 MAR	£220,000	£149,074	48% above HPI

PARSONAGE FARM COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The three PARSONAGE FARM COTTAGE sales between March 1997 and August 2002 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 March 2000 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the August 2002 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might PARSONAGE FARM COTTAGE be worth now?

PARSONAGE FARM COTTAGE might now be worth an estimated £987,242.

This is based on house price inflation of 140.8%, between August 2002 and February 2025, for 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 140.8% inflationary increase is applied to the most recent sale price for PARSONAGE FARM COTTAGE of £410,000 on 8th August 2002. For the value to have increased from £410,000 to £987,242 over the 23 years and six months to February 2025, the following assumptions must hold true:

• The value of PARSONAGE FARM COTTAGE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The August 2002 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of PARSONAGE FARM COTTAGE has not materially changed since August 2002.

How Large is PARSONAGE FARM COTTAGE?

PARSONAGE FARM COTTAGE is 114m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% of detached houses houses in Arkesden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arkesden, and where PARSONAGE FARM COTTAGE lies on this distribution: 21% of detached houses houses are smaller than PARSONAGE FARM COTTAGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Arkesden.

PARSONAGE FARM COTTAGE: Plot and Title Map

PARSONAGE FARM COTTAGE sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of PARSONAGE FARM 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 PARSONAGE FARM 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 PARSONAGE FARM COTTAGE?

PARSONAGE FARM COTTAGE is located in ARKESDEN, in the CB11 postcode district. The below map shows the position of PARSONAGE FARM COTTAGE in ARKESDEN.