1, PAPERMILL COTTAGES, HALSTEAD, CO9 2LU - £93,000

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.

1 PAPERMILL COTTAGES is a very small terraced house of 43m², built sometime between 1900 and 1929, which could now be worth an estimated £161,519. It was last sold for £93,000 in April 2011, which was around 39% below the average April 2011 terraced price in the Braintree local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was B.

1 PAPERMILL COTTAGES Sold Prices

Land registry data shows three sales for 1 PAPERMILL COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the three 1 PAPERMILL COTTAGES 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
2011 20 APR	£93,000	£151,513	39% below HPI
2004 22 DEC	£115,000	£140,549	18% below HPI
2000 17 FEB	£42,995	£61,376	30% below HPI

1 PAPERMILL COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The three 1 PAPERMILL COTTAGES sales between February 2000 and April 2011 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2011 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 PAPERMILL COTTAGES be worth now?

1 PAPERMILL COTTAGES might now be worth an estimated £161,519.

This is based on house price inflation of 73.7%, between April 2011 and April 2026, for terraced 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 73.7% inflationary increase is applied to the most recent sale price for 1 PAPERMILL COTTAGES of £93,000 on 20th April 2011. For the value to have increased from £93,000 to £161,519 over the fifteen years to April 2026, the following assumptions must hold true:

• The value of 1 PAPERMILL COTTAGES has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The April 2011 sale price of £93,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PAPERMILL COTTAGES has not materially changed since April 2011.

How Large is 1 PAPERMILL COTTAGES?

1 PAPERMILL COTTAGES is 43m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of terraced houses houses in Halstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halstead, and where 1 PAPERMILL COTTAGES lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 PAPERMILL COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Halstead.

1 PAPERMILL COTTAGES: Plot and Title Map

1 PAPERMILL COTTAGES sits on a plot of roughly 0.006 of an acre, or 25m². The below map shows the location of 1 PAPERMILL COTTAGES, 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 1 PAPERMILL COTTAGES). 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 1 PAPERMILL COTTAGES?

1 PAPERMILL COTTAGES is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 1 on PAPERMILL COTTAGES.