3, MELFORD GROVE, GREAT NOTLEY, BRAINTREE, CM77 7ZD - £383,000

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 MELFORD GROVE is a small semi-detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £449,945. It was last sold for £383,000 in June 2018, which was around 34% above the average June 2018 semi-detached price in the Braintree local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

3 MELFORD GROVE Sold Prices

Land registry data shows five sales for 3 MELFORD 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. All of the five 3 MELFORD GROVE 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
2018 8 JUN	£383,000	£286,426	34% above HPI
2014 23 MAY	£243,000	£208,983	16% above HPI
2005 27 MAY	£193,500	£172,870	12% above HPI
2003 21 FEB	£168,000	£144,374	16% above HPI
2000 28 JAN	£108,000	£78,830	37% above HPI

3 MELFORD 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 MELFORD GROVE sales between January 2000 and June 2018 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 May 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2018 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 3 MELFORD GROVE be worth now?

3 MELFORD GROVE might now be worth an estimated £449,945.

This is based on house price inflation of 17.5%, between June 2018 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 17.5% inflationary increase is applied to the most recent sale price for 3 MELFORD GROVE of £383,000 on 8th June 2018. For the value to have increased from £383,000 to £449,945 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MELFORD GROVE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The June 2018 sale price of £383,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MELFORD GROVE has not materially changed since June 2018.

How Large is 3 MELFORD GROVE?

3 MELFORD GROVE is 114m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of semi-detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Notley, and where 3 MELFORD GROVE lies on this distribution: 33% of semi-detached houses houses are smaller than 3 MELFORD GROVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

3 MELFORD GROVE: Plot and Title Map

3 MELFORD GROVE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 3 MELFORD 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 MELFORD 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 MELFORD GROVE?

3 MELFORD GROVE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 3 on MELFORD GROVE.