OAK COTTAGE, THE STREET, SHEERING, BISHOP'S STORTFORD, CM22 7LX - £1,020,000

OAK COTTAGE is a very large extended detached house of 229m², built sometime before 1900. It was last sold for £1,020,000 in March 2021, which was around 17% above the average March 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows four sales for OAK COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the four OAK COTTAGE sales were for above 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
2021 15 MAR	£1,020,000	£868,200	17% above HPI
2010 9 SEP	£780,000	£570,757	37% above HPI
2007 10 SEP	£608,000	£553,471	10% above HPI
2003 31 JAN	£490,000	£416,397	18% above HPI

OAK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The four OAK COTTAGE sales between January 2003 and March 2021 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 September 2010 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 229m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Sheering, based on EPC data. The below chart shows the distribution of detached houses by size in Sheering, and where OAK COTTAGE lies on this distribution: 89% of detached houses are smaller than OAK COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Sheering.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.381 of an acre, or 1,541m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

OAK COTTAGE is located on THE STREET in SHEERING, in the CM22 postcode district. The below map shows the position of OAK COTTAGE on THE STREET.