HOBSON COTTAGE, SPARKS LANE, RIDGEWELL, HALSTEAD, CO9 4SP - £400,000

HOBSON COTTAGE is a midsized extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £400,000 in October 2013, which was around 23% above the average October 2013 detached price in the Braintree local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

HOBSON COTTAGE Sold Prices

Land registry data shows two sales for HOBSON 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. One of the two HOBSON 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
2013 25 OCT	£400,000	£324,427	23% above HPI
2008 31 OCT	£195,000	£309,725	37% below HPI

HOBSON 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 HOBSON COTTAGE sales from October 2008 and October 2013 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 October 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2013 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is HOBSON COTTAGE?

HOBSON COTTAGE is 136m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% of detached houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses by size in Ridgewell, and where HOBSON COTTAGE lies on this distribution: 44% of detached houses are smaller than HOBSON COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

HOBSON COTTAGE: Plot and Title Map

HOBSON COTTAGE sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of HOBSON 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 HOBSON 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 HOBSON COTTAGE?

HOBSON COTTAGE is located on SPARKS LANE in RIDGEWELL, in the CO9 postcode district. The below map shows the position of HOBSON COTTAGE on SPARKS LANE.