2, RECREATION GROUND, SIBLE HEDINGHAM, HALSTEAD, CO9 3JD - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RECREATION GROUND is a very small extended detached house of 79m², built sometime between 1930 and 1949, which could now be worth an estimated £362,789. It was last sold for £310,000 in March 2021, which was around 37% below the average March 2021 detached price in the Braintree local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

2 RECREATION GROUND Sold Prices

Land registry data shows three sales for 2 RECREATION GROUND 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 2 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
2021 4 MAR	£310,000	£493,491	37% below HPI
2017 11 AUG	£243,500	£477,544	49% below HPI
1995 27 OCT	£77,000	£97,264	21% below HPI

2 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 three 2 RECREATION GROUND sales between October 1995 and March 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 August 2017 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 RECREATION GROUND be worth now?

2 RECREATION GROUND might now be worth an estimated £362,789.

This is based on house price inflation of 17%, between March 2021 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 2 RECREATION GROUND of £310,000 on 4th March 2021. For the value to have increased from £310,000 to £362,789 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 2 RECREATION GROUND has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RECREATION GROUND has not materially changed since March 2021.

How Large is 2 RECREATION GROUND?

2 RECREATION GROUND is 79m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses houses in Sible Hedingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sible Hedingham, and where 2 RECREATION GROUND lies on this distribution: 5% of detached houses houses are smaller than 2 RECREATION GROUND, and 95% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

2 RECREATION GROUND: Plot and Title Map

2 RECREATION GROUND sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 2 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 2 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 2 RECREATION GROUND?

2 RECREATION GROUND is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 2 on RECREATION GROUND.