15, THE HOPGROUNDS, FINCHINGFIELD, BRAINTREE, CM7 4LU - £490,000

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 THE HOPGROUNDS is a very small detached house of 111m², built sometime between 1983 and 1990. It was last sold for £490,000 in June 2021, which was around 2% above the average June 2021 detached price in the Braintree local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

15 THE HOPGROUNDS Sold Prices

Land registry data shows three sales for 15 THE HOPGROUNDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 15 THE HOPGROUNDS sales were for above 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
2021 16 JUN	£490,000	£479,342	2% above HPI
2006 21 DEC	£307,000	£299,560	2% above HPI
2002 26 JUL	£240,000	£209,463	15% above HPI

15 THE HOPGROUNDS 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 three 15 THE HOPGROUNDS sales between July 2002 and June 2021 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 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2021 sale, which was also at 2% above the HPI.

How Large is 15 THE HOPGROUNDS?

15 THE HOPGROUNDS is 111m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Finchingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Finchingfield, and where 15 THE HOPGROUNDS lies on this distribution: 18% of detached houses are smaller than 15 THE HOPGROUNDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

15 THE HOPGROUNDS: Plot and Title Map

15 THE HOPGROUNDS sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 15 THE HOPGROUNDS, 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 THE HOPGROUNDS). 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 THE HOPGROUNDS?

15 THE HOPGROUNDS is located in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of No. 15 on THE HOPGROUNDS.