12, MEADWAY, GOSFIELD, HALSTEAD, CO9 1TB - £245,000

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

12 MEADWAY is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £245,000 in February 2009, which was around 10% below the average February 2009 detached price in the Braintree local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

12 MEADWAY Sold Prices

Land registry data shows two sales for 12 MEADWAY 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. Both of the two 12 MEADWAY 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
2009 18 FEB	£245,000	£273,073	10% below HPI
1996 15 NOV	£86,000	£95,714	10% below HPI

12 MEADWAY 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 12 MEADWAY sales from November 1996 and February 2009 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 November 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2009 sale, which was also at 10% below the HPI.

How Large is 12 MEADWAY?

12 MEADWAY is 85m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Gosfield, based on EPC data. The below chart shows the distribution of detached houses by size in Gosfield, and where 12 MEADWAY lies on this distribution: 18% of detached houses are smaller than 12 MEADWAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Gosfield.

12 MEADWAY: Plot and Title Map

12 MEADWAY sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 12 MEADWAY, 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 12 MEADWAY). 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 12 MEADWAY?

12 MEADWAY is located in GOSFIELD, in the CO9 postcode district. The below map shows the position of No. 12 on MEADWAY.