Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 HIGHFIELDS MEAD is a midsized extended detached house of 140m², built sometime between 1976 and 1982. It was last sold for £262,000 in May 2003, which was around 11% below the average May 2003 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 HIGHFIELDS MEAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 3 HIGHFIELDS MEAD 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 |
---|---|---|---|
2003 29 MAY | £262,000 | £294,908 | 11% below HPI |
1998 27 FEB | £121,500 | £133,722 | 9% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 3 HIGHFIELDS MEAD sales from February 1998 and May 2003 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 February 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2003 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
3 HIGHFIELDS MEAD is 140m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses in East Hanningfield, based on EPC data. The below chart shows the distribution of detached houses by size in East Hanningfield, and where 3 HIGHFIELDS MEAD lies on this distribution: 49% of detached houses are smaller than 3 HIGHFIELDS MEAD, and 51% of houses are larger. Note that EPC data is not available for all properties in East Hanningfield.
3 HIGHFIELDS MEAD sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 3 HIGHFIELDS MEAD, 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 HIGHFIELDS MEAD). 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.
3 HIGHFIELDS MEAD is located in EAST HANNINGFIELD, in the CM3 postcode district. The below map shows the position of No. 3 on HIGHFIELDS MEAD.