RED COTTAGE, BRIDGE END, NEWPORT, SAFFRON WALDEN, CB11 3TH - £380,000

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

RED COTTAGE is a very small extended detached house of 79m², built sometime before 1900, which could now be worth an estimated £414,940. It was last sold for £380,000 in November 2020, which was around 41% below the average November 2020 detached price in the Uttlesford local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

RED COTTAGE Sold Prices

Land registry data shows four sales for RED COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the four RED 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 NOV	£380,000	£645,568	41% below HPI
2011 15 DEC	£250,000	£419,885	40% below HPI
2006 20 JAN	£238,000	£363,455	35% below HPI
1996 17 JUL	£75,000	£133,983	44% below HPI

RED 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 four RED COTTAGE sales between July 1996 and November 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 December 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might RED COTTAGE be worth now?

RED COTTAGE might now be worth an estimated £414,940.

This is based on house price inflation of 9.2%, between November 2020 and December 2024, 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 9.2% inflationary increase is applied to the most recent sale price for RED COTTAGE of £380,000 on 27th November 2020. For the value to have increased from £380,000 to £414,940 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of RED COTTAGE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The November 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of RED COTTAGE has not materially changed since November 2020.

How Large is RED COTTAGE?

RED COTTAGE is 79m², 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 Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where RED COTTAGE lies on this distribution: 7% of detached houses houses are smaller than RED COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

RED COTTAGE: Plot and Title Map

RED COTTAGE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of RED 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 RED 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 RED COTTAGE?

RED COTTAGE is located on BRIDGE END in NEWPORT, in the CB11 postcode district. The below map shows the position of RED COTTAGE on BRIDGE END.