12, THE MEADS, INGATESTONE, CM4 0AD - £567,500

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.

12 THE MEADS is a small extended semi-detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £626,219. It was last sold for £567,500 in November 2020, which was around 17% above the average November 2020 semi-detached price in the Brentwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

12 THE MEADS Sold Prices

Land registry data shows three sales for 12 THE MEADS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Brentwood local authority area for the corresponding sale date. One of the three 12 THE MEADS sales was for above the average price, whilst two 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
2020 20 NOV	£567,500	£485,198	17% above HPI
2008 12 DEC	£249,995	£270,168	7% below HPI
1999 30 JUN	£115,000	£118,188	3% below HPI

12 THE MEADS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Brentwood local authority area over time, sourced from the HPI. The three 12 THE MEADS sales between June 1999 and November 2020 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 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 12 THE MEADS be worth now?

12 THE MEADS might now be worth an estimated £626,219.

This is based on house price inflation of 10.3%, between November 2020 and February 2025, for semi-detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.3% inflationary increase is applied to the most recent sale price for 12 THE MEADS of £567,500 on 20th November 2020. For the value to have increased from £567,500 to £626,219 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 THE MEADS has moved in line with the HPI for semi-detached houses in the Brentwood local authority area.
• The November 2020 sale price of £567,500 represented a fair market value for the property.
• The size, condition, and specification of 12 THE MEADS has not materially changed since November 2020.

How Large is 12 THE MEADS?

12 THE MEADS is 125m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of semi-detached houses houses in Ingatestone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ingatestone, and where 12 THE MEADS lies on this distribution: 35% of semi-detached houses houses are smaller than 12 THE MEADS, and 65% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

12 THE MEADS: Plot and Title Map

12 THE MEADS sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 12 THE MEADS, 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 THE MEADS). 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 THE MEADS?

12 THE MEADS is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 12 on THE MEADS.