2, ROSE COTTAGE, THE COMMON, EAST HANNINGFIELD, CHELMSFORD, CM3 8AH - £420,000

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.

2 ROSE COTTAGE is a very small extended semi-detached house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £514,943. It was last sold for £420,000 in May 2017, which was around 25% above the average May 2017 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2 ROSE COTTAGE Sold Prices

Land registry data shows two sales for 2 ROSE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 2 ROSE COTTAGE sales was for above the average price, whilst the other was 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
2017 22 MAY	£420,000	£335,609	25% above HPI
2003 26 AUG	£137,000	£176,060	22% below HPI

2 ROSE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 2 ROSE COTTAGE sales from August 2003 and May 2017 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 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2017 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 ROSE COTTAGE be worth now?

2 ROSE COTTAGE might now be worth an estimated £514,943.

This is based on house price inflation of 22.6%, between May 2017 and February 2025, for semi-detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.6% inflationary increase is applied to the most recent sale price for 2 ROSE COTTAGE of £420,000 on 22nd May 2017. For the value to have increased from £420,000 to £514,943 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 2 ROSE COTTAGE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The May 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROSE COTTAGE has not materially changed since May 2017.

How Large is 2 ROSE COTTAGE?

2 ROSE COTTAGE is 78m², which includes three extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of semi-detached houses houses in East Hanningfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in East Hanningfield, and where 2 ROSE COTTAGE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 ROSE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in East Hanningfield.

2 ROSE COTTAGE: Plot and Title Map

2 ROSE COTTAGE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 ROSE 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 ROSE 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 ROSE COTTAGE?

2 ROSE COTTAGE is located on THE COMMON in EAST HANNINGFIELD, in the CM3 postcode district. The below map shows the position of 2 ROSE COTTAGE on THE COMMON.