3, HAPPYHOMES, THE STREET, HATFIELD PEVEREL, CHELMSFORD, CM3 2DY - £192,000

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.

3 HAPPYHOMES is a very small extended semi-detached house of 82m², built sometime between 1900 and 1929, which could now be worth an estimated £368,663. It was last sold for £192,000 in September 2004, which was around 10% above the average September 2004 semi-detached price in the Braintree local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

3 HAPPYHOMES Sold Prices

Land registry data shows two sales for 3 HAPPYHOMES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two 3 HAPPYHOMES sales were for above 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
2004 19 SEP	£192,000	£175,245	10% above HPI
1998 30 OCT	£76,000	£67,264	13% above HPI

3 HAPPYHOMES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The two 3 HAPPYHOMES sales from October 1998 and September 2004 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 October 1998 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2004 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 HAPPYHOMES be worth now?

3 HAPPYHOMES might now be worth an estimated £368,663.

This is based on house price inflation of 92%, between September 2004 and February 2025, for semi-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 92% inflationary increase is applied to the most recent sale price for 3 HAPPYHOMES of £192,000 on 19th September 2004. For the value to have increased from £192,000 to £368,663 over the 21 years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 HAPPYHOMES has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The September 2004 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HAPPYHOMES has not materially changed since September 2004.

How Large is 3 HAPPYHOMES?

3 HAPPYHOMES is 82m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of semi-detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hatfield Peverel, and where 3 HAPPYHOMES lies on this distribution: 10% of semi-detached houses houses are smaller than 3 HAPPYHOMES, and 90% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

3 HAPPYHOMES: Plot and Title Map

3 HAPPYHOMES sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 3 HAPPYHOMES, 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 3 HAPPYHOMES). 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 3 HAPPYHOMES?

3 HAPPYHOMES is located on THE STREET in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of 3 HAPPYHOMES on THE STREET.