POND COTTAGE, FORGE LANE, GREAT BENTLEY, COLCHESTER, CO7 8GD - £249,950

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.

POND COTTAGE is a very small detached house of 48m², built sometime before 1900, which could now be worth an estimated £328,873. It was last sold for £249,950 in December 2016, which was around 13% below the average December 2016 detached price in the Tendring local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

POND COTTAGE Sold Prices

Land registry data shows two sales for POND 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 Tendring local authority area for the corresponding sale date. Both of the two POND 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
2016 9 DEC	£249,950	£287,737	13% below HPI
2007 5 APR	£170,000	£228,618	26% below HPI

POND COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two POND COTTAGE sales from April 2007 and December 2016 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 April 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might POND COTTAGE be worth now?

POND COTTAGE might now be worth an estimated £328,873.

This is based on house price inflation of 31.6%, between December 2016 and February 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.6% inflationary increase is applied to the most recent sale price for POND COTTAGE of £249,950 on 9th December 2016. For the value to have increased from £249,950 to £328,873 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of POND COTTAGE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The December 2016 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of POND COTTAGE has not materially changed since December 2016.

How Large is POND COTTAGE?

POND COTTAGE is 48m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses houses in Great Bentley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Bentley, and where POND COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than POND COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Great Bentley.

POND COTTAGE: Plot and Title Map

POND COTTAGE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of POND 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 POND 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 POND COTTAGE?

POND COTTAGE is located on FORGE LANE in GREAT BENTLEY, in the CO7 postcode district. The below map shows the position of POND COTTAGE on FORGE LANE.