SCHOOL COTTAGE, SILVER STREET, WETHERSFIELD, BRAINTREE, CM7 4BP - £288,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

SCHOOL COTTAGE is a small extended detached house of 86m², built sometime before 1900. It was last sold for £288,000 in May 2024, which was around 47% below the average May 2024 detached price in the Braintree local authority area. The most recent EPC inspection was August 2015, where the current energy rating was F, and the potential energy rating was E.

SCHOOL COTTAGE Sold Prices

Land registry data shows three sales for SCHOOL 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 Braintree local authority area for the corresponding sale date. All of the three SCHOOL 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
2024 23 MAY	£288,000	£539,674	47% below HPI
2015 22 OCT	£273,000	£392,038	30% below HPI
2000 9 JUN	£97,000	£143,369	32% below HPI

SCHOOL 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 three SCHOOL COTTAGE sales between June 2000 and May 2024 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 October 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2024 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is SCHOOL COTTAGE?

SCHOOL COTTAGE is 86m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where SCHOOL COTTAGE lies on this distribution: 38% of detached houses are smaller than SCHOOL COTTAGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

SCHOOL COTTAGE: Plot and Title Map

SCHOOL COTTAGE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL COTTAGE?

SCHOOL COTTAGE is located on SILVER STREET in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of SCHOOL COTTAGE on SILVER STREET.