15, SPRING WAY, SIBLE HEDINGHAM, HALSTEAD, CO9 3SB - £270,000

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

15 SPRING WAY is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £270,000 in October 2015, which was around 31% below the average October 2015 detached price in the Braintree local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

15 SPRING WAY Sold Prices

Land registry data shows two sales for 15 SPRING WAY 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 15 SPRING WAY 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
2015 22 OCT	£270,000	£392,038	31% below HPI
2000 7 JUN	£134,000	£143,369	7% below HPI

15 SPRING WAY 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 15 SPRING WAY sales from June 2000 and October 2015 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 June 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 15 SPRING WAY?

15 SPRING WAY is 101m², which includes one extension, according to the EPC inspection conducted in February 2015. 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 15 SPRING WAY lies on this distribution: 31% of detached houses are smaller than 15 SPRING WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

15 SPRING WAY: Plot and Title Map

15 SPRING WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 15 SPRING WAY, 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 15 SPRING WAY). 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 15 SPRING WAY?

15 SPRING WAY is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 15 on SPRING WAY.