2, PROVIDENCE COTTAGE, THE STREET, HATFIELD PEVEREL, CHELMSFORD, CM3 2EA - £59,995

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.

2 PROVIDENCE COTTAGE is a very small extended detached house of 42m², built sometime between 1930 and 1949, which could now be worth an estimated £332,992. It was last sold for £59,995 in May 1997, which was around 41% below the average May 1997 detached price in the Braintree local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

2 PROVIDENCE COTTAGE Sold Prices

Land registry data shows two sales for 2 PROVIDENCE 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 Braintree local authority area for the corresponding sale date. Both of the two 2 PROVIDENCE 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
1997 23 MAY	£59,995	£101,909	41% below HPI
1996 20 DEC	£31,250	£99,373	69% below HPI

2 PROVIDENCE 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 two 2 PROVIDENCE COTTAGE sales from December 1996 and May 1997 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 1996 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the May 1997 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2 PROVIDENCE COTTAGE be worth now?

2 PROVIDENCE COTTAGE might now be worth an estimated £332,992.

This is based on house price inflation of 455%, between May 1997 and June 2025, for detached 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 455% inflationary increase is applied to the most recent sale price for 2 PROVIDENCE COTTAGE of £59,995 on 23rd May 1997. For the value to have increased from £59,995 to £332,992 over the 27 years and eleven months to June 2025, the following assumptions must hold true:

• The value of 2 PROVIDENCE COTTAGE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The May 1997 sale price of £59,995 represented a fair market value for the property.
• The size, condition, and specification of 2 PROVIDENCE COTTAGE has not materially changed since May 1997.

How Large is 2 PROVIDENCE COTTAGE?

2 PROVIDENCE COTTAGE is 42m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield Peverel, and where 2 PROVIDENCE COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 PROVIDENCE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

2 PROVIDENCE COTTAGE: Plot and Title Map

2 PROVIDENCE COTTAGE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 PROVIDENCE 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 2 PROVIDENCE 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 2 PROVIDENCE COTTAGE?

2 PROVIDENCE COTTAGE is located on THE STREET in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of 2 PROVIDENCE COTTAGE on THE STREET.