Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 RECREATION GROUND is a small extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £319,000 in August 2016, which was around 26% below the average August 2016 detached price in the Braintree local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 RECREATION GROUND since 1st 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. Both of the two 1 RECREATION GROUND 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 |
---|---|---|---|
2016 18 AUG | £319,000 | £432,687 | 26% below HPI |
2013 22 AUG | £225,000 | £317,261 | 29% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 1 RECREATION GROUND sales from August 2013 and August 2016 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 August 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
1 RECREATION GROUND is 110m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 40% of detached houses in Sible Hedingham, based on EPC data. The below chart shows the distribution of detached houses by size in Sible Hedingham, and where 1 RECREATION GROUND lies on this distribution: 38% of detached houses are smaller than 1 RECREATION GROUND, and 59% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.
1 RECREATION GROUND sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 1 RECREATION GROUND, 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 1 RECREATION GROUND). 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.
1 RECREATION GROUND is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 1 on RECREATION GROUND.