1A, RECREATION GROUND, SIBLE HEDINGHAM, HALSTEAD, CO9 3JD - £465,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1A RECREATION GROUND is a very large extended detached house of 148m², built sometime between 1976 and 1982. It was last sold for £465,000 in November 2022, which was around 16% below the average November 2022 detached price in the Braintree local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

1A RECREATION GROUND Sold Prices

Land registry data shows two sales for 1A RECREATION GROUND 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 1A 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
2022 14 NOV	£465,000	£555,429	16% below HPI
2015 30 NOV	£285,000	£397,403	28% below HPI

1A RECREATION GROUND 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 1A RECREATION GROUND sales from November 2015 and November 2022 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 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1A RECREATION GROUND?

1A RECREATION GROUND is 148m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% 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 1A RECREATION GROUND lies on this distribution: 81% of detached houses are smaller than 1A RECREATION GROUND, and 19% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

1A RECREATION GROUND: Plot and Title Map

1A RECREATION GROUND sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 1A 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 1A 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.

Where is 1A RECREATION GROUND?

1A RECREATION GROUND is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 1A on RECREATION GROUND.