MILL COTTAGE, HIGH STREET, HEMPSTEAD, SAFFRON WALDEN, CB10 2PD - £343,000

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.

MILL COTTAGE is a large extended detached house of 202m², built sometime before 1900, which could now be worth an estimated £641,783. It was last sold for £343,000 in September 2006, which was around 13% below the average September 2006 detached price in the Uttlesford local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was D.

MILL COTTAGE Sold Prices

Land registry data shows two sales for MILL 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 Uttlesford local authority area for the corresponding sale date. Both of the two MILL 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
2006 22 SEP	£343,000	£396,239	13% below HPI
2003 22 DEC	£250,000	£337,098	26% below HPI

MILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two MILL COTTAGE sales from December 2003 and September 2006 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 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2006 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might MILL COTTAGE be worth now?

MILL COTTAGE might now be worth an estimated £641,783.

This is based on house price inflation of 87.1%, between September 2006 and May 2026, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.1% inflationary increase is applied to the most recent sale price for MILL COTTAGE of £343,000 on 22nd September 2006. For the value to have increased from £343,000 to £641,783 over the twenty years and four months to May 2026, the following assumptions must hold true:

• The value of MILL COTTAGE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The September 2006 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of MILL COTTAGE has not materially changed since September 2006.

How Large is MILL COTTAGE?

MILL COTTAGE is 202m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses houses in Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hempstead, and where MILL COTTAGE lies on this distribution: 60% of detached houses houses are smaller than MILL COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Hempstead.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of MILL 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 MILL 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 MILL COTTAGE?

MILL COTTAGE is located on HIGH STREET in HEMPSTEAD, in the CB10 postcode district. The below map shows the position of MILL COTTAGE on HIGH STREET.