PLANTATION COTTAGE, SPAINS HALL ROAD, FINCHINGFIELD, BRAINTREE, CM7 4NG - £405,000

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.

PLANTATION COTTAGE is a very small detached house of 71m², built sometime before 1900, which could now be worth an estimated £419,310. It was last sold for £405,000 in March 2022, which was around 26% below the average March 2022 detached price in the Braintree local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was D.

PLANTATION COTTAGE Sold Prices

Land registry data shows two sales for PLANTATION 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 PLANTATION 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
2022 3 MAR	£405,000	£545,785	26% below HPI
2020 3 JAN	£390,000	£481,766	19% below HPI

PLANTATION 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 PLANTATION COTTAGE sales from January 2020 and March 2022 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 January 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might PLANTATION COTTAGE be worth now?

PLANTATION COTTAGE might now be worth an estimated £419,310.

This is based on house price inflation of 3.5%, between March 2022 and March 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 3.5% inflationary increase is applied to the most recent sale price for PLANTATION COTTAGE of £405,000 on 3rd March 2022. For the value to have increased from £405,000 to £419,310 over the three years to March 2025, the following assumptions must hold true:

• The value of PLANTATION COTTAGE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2022 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of PLANTATION COTTAGE has not materially changed since March 2022.

How Large is PLANTATION COTTAGE?

PLANTATION COTTAGE is 71m² according to the EPC inspection conducted in February 2013. 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 PLANTATION COTTAGE lies on this distribution: 4% of detached houses houses are smaller than PLANTATION COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

PLANTATION COTTAGE: Plot and Title Map

PLANTATION COTTAGE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of PLANTATION 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 PLANTATION 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 PLANTATION COTTAGE?

PLANTATION COTTAGE is located on SPAINS HALL ROAD in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of PLANTATION COTTAGE on SPAINS HALL ROAD.