2, BEECH RISE, HATFIELD PEVEREL, CHELMSFORD, CM3 2LR - £535,000

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

2 BEECH RISE is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £535,000 in January 2023, which was around 2% below the average January 2023 detached price in the Braintree local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

2 BEECH RISE Sold Prices

Land registry data shows two sales for 2 BEECH RISE 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 2 BEECH RISE 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
2023 30 JAN	£535,000	£545,111	2% below HPI
2004 12 AUG	£265,000	£278,324	5% below HPI

2 BEECH RISE 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 2 BEECH RISE sales from August 2004 and January 2023 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 August 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 BEECH RISE?

2 BEECH RISE is 136m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield Peverel, and where 2 BEECH RISE lies on this distribution: 61% of detached houses are smaller than 2 BEECH RISE, and 39% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

2 BEECH RISE: Plot and Title Map

2 BEECH RISE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 BEECH RISE, 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 2 BEECH RISE). 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 2 BEECH RISE?

2 BEECH RISE is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 2 on BEECH RISE.