Elm Cottage Silver Lane

    ELM COTTAGE, SILVER LANE, WILLINGALE, ONGAR, CM5 0QR

    This detached freehold property on Silver Lane last sold in May 2017 for £950,000. Based on price growth in the CM5 district since then, its estimated current value is £1,093,009 — placing it in the 96th percentile nationally and the 91st percentile within CM5. The property covers 225 m² (2,422 sq ft), giving an estimated value of £4,858 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,422 sq ft

    225 m²

    Last Sale Price

    £950,000

    May 2017

    Estimated Valuation

    £1,093,009

    Est. £/sq ft

    £451/sq ft

    £4,858/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms11
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area2,422 sq ft (225 m²)
    EPC dateAug 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    25 May 2017

    £950,000

    Key Metrics

    Estimated valuation£1,093,009
    Value per sq ft / m²£451/sq ft (£4,858/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM5 district percentile91st percentile
    National percentile96th percentile

    District Context — CM5

    CM5 covers parts of Essex, situated in the eastern Home Counties with good commuter links to London. The district is characterised by a mix of suburban residential areas and rural settlements, appealing to families and those seeking a quieter pace of life.

    Average Property Price - CM5

    £574,686

    88

    National percentile

    Average Net Household Income - CM5

    £45,633

    78

    National percentile

    10-Year Annualised Price Growth - CM5

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM5

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