3, MARKET GROVE, GREAT YELDHAM, HALSTEAD, CO9 4EF - £242,000

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 MARKET GROVE is a very small semi-detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £281,569. It was last sold for £242,000 in February 2020, which was around 16% below the average February 2020 semi-detached price in the Braintree local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

3 MARKET GROVE Sold Prices

Land registry data shows five sales for 3 MARKET GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Most of the five 3 MARKET GROVE 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
2020 26 FEB	£242,000	£289,204	16% below HPI
2010 31 MAR	£159,995	£186,179	14% below HPI
2005 21 OCT	£149,995	£179,181	16% below HPI
2001 23 FEB	£92,000	£90,902	1% above HPI
1998 16 JUL	£65,000	£67,274	3% below HPI

3 MARKET GROVE 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 five 3 MARKET GROVE sales between July 1998 and February 2020 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 March 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 MARKET GROVE be worth now?

3 MARKET GROVE might now be worth an estimated £281,569.

This is based on house price inflation of 16.4%, between February 2020 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 16.4% inflationary increase is applied to the most recent sale price for 3 MARKET GROVE of £242,000 on 26th February 2020. For the value to have increased from £242,000 to £281,569 over the five years to February 2025, the following assumptions must hold true:

• The value of 3 MARKET GROVE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The February 2020 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARKET GROVE has not materially changed since February 2020.

How Large is 3 MARKET GROVE?

3 MARKET GROVE is 74m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of semi-detached houses houses in Great Yeldham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Yeldham, and where 3 MARKET GROVE lies on this distribution: 6% of semi-detached houses houses are smaller than 3 MARKET GROVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Great Yeldham.

3 MARKET GROVE: Plot and Title Map

3 MARKET GROVE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 3 MARKET GROVE, 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 MARKET GROVE). 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 MARKET GROVE?

3 MARKET GROVE is located in GREAT YELDHAM, in the CO9 postcode district. The below map shows the position of No. 3 on MARKET GROVE.