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

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 RECREATION GROUND is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £310,000 in March 2021, which was around 34% 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	£471,818	34% below HPI
2017 11 AUG	£243,500	£456,572	47% below HPI
1995 27 OCT	£77,000	£92,992	17% 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 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

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 in Sible Hedingham, based on EPC data. The below chart shows the distribution of detached houses by size in Sible Hedingham, and where 2 RECREATION GROUND lies on this distribution: 5% of detached 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.