WEST END COTTAGE, DRURY LANE, RIDGEWELL, HALSTEAD, CO9 4SL - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WEST END COTTAGE is a very large extended detached house of 237m², built sometime before 1900. It was last sold for £450,000 in January 2018, which was around 4% below the average January 2018 detached price in the Braintree local authority area. The most recent EPC inspection was November 2015, where the current energy rating was G, and the potential energy rating was E.

WEST END COTTAGE Sold Prices

Land registry data shows four sales for WEST END 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 Braintree local authority area for the corresponding sale date. Most of the four WEST END 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
2018 22 JAN	£450,000	£469,821	4% below HPI
2008 27 AUG	£425,000	£312,566	36% above HPI
2002 28 NOV	£315,000	£233,154	35% above HPI
1997 8 SEP	£175,000	£102,701	70% above HPI

WEST END 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 four WEST END COTTAGE sales between September 1997 and January 2018 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 August 2008 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is WEST END COTTAGE?

WEST END COTTAGE is 237m², which includes four extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses by size in Ridgewell, and where WEST END COTTAGE lies on this distribution: 93% of detached houses are smaller than WEST END COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

WEST END COTTAGE: Plot and Title Map

WEST END COTTAGE sits on a plot of roughly 0.403 of an acre, or 1,631m². The below map shows the location of WEST END 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 WEST END 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 WEST END COTTAGE?

WEST END COTTAGE is located on DRURY LANE in RIDGEWELL, in the CO9 postcode district. The below map shows the position of WEST END COTTAGE on DRURY LANE.