2, LION MEADOW, STEEPLE BUMPSTEAD, HAVERHILL, CB9 7BY - £260,000

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 LION MEADOW is a very small extended detached house of 61m², built sometime between 1991 and 1995. It was last sold for £260,000 in February 2022, which was around 50% below the average February 2022 detached price in the Braintree local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 LION MEADOW Sold Prices

Land registry data shows four sales for 2 LION MEADOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four 2 LION MEADOW 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 11 FEB	£260,000	£516,817	50% below HPI
2014 9 JUN	£170,000	£345,052	51% below HPI
2006 30 AUG	£163,000	£296,591	45% below HPI
1998 25 SEP	£69,000	£115,198	40% below HPI

2 LION MEADOW 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 four 2 LION MEADOW sales between September 1998 and February 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 June 2014 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2022 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 2 LION MEADOW?

2 LION MEADOW is 61m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Steeple Bumpstead, based on EPC data. The below chart shows the distribution of detached houses by size in Steeple Bumpstead, and where 2 LION MEADOW lies on this distribution: 7% of detached houses are smaller than 2 LION MEADOW, and 93% of houses are larger. Note that EPC data is not available for all properties in Steeple Bumpstead.

2 LION MEADOW: Plot and Title Map

2 LION MEADOW sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 2 LION MEADOW, 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 LION MEADOW). 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 LION MEADOW?

2 LION MEADOW is located in STEEPLE BUMPSTEAD, in the CB9 postcode district. The below map shows the position of No. 2 on LION MEADOW.