HIPSEYS COTTAGE, THE STREET, STEEPLE, SOUTHMINSTER, CM0 7LF - £360,000

HIPSEYS COTTAGE is a very small extended detached house of 90m², built sometime before 1900. It was last sold for £360,000 in September 2023, which was around 44% below the average September 2023 detached price in the Maldon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was D.

HIPSEYS COTTAGE Sold Prices

Land registry data shows two sales for HIPSEYS 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 Maldon local authority area for the corresponding sale date. Both of the two HIPSEYS 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
2023 4 SEP	£360,000	£641,268	44% below HPI
1997 19 MAR	£74,500	£98,172	24% below HPI

HIPSEYS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two HIPSEYS COTTAGE sales from March 1997 and September 2023 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 March 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is HIPSEYS COTTAGE?

HIPSEYS COTTAGE is 90m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Steeple, based on EPC data. The below chart shows the distribution of detached houses by size in Steeple, and where HIPSEYS COTTAGE lies on this distribution: 12% of detached houses are smaller than HIPSEYS COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Steeple.

HIPSEYS COTTAGE: Plot and Title Map

HIPSEYS COTTAGE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of HIPSEYS 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 HIPSEYS 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 HIPSEYS COTTAGE?

HIPSEYS COTTAGE is located on THE STREET in STEEPLE, in the CM0 postcode district. The below map shows the position of HIPSEYS COTTAGE on THE STREET.