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
3 SCHOOL MEWS is a midsized detached house of 114m², built sometime between 1900 and 1929. It was last sold for £430,000 in October 2022, which was around 22% below the average October 2022 detached price in the Braintree local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 SCHOOL MEWS since 1st 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 3 SCHOOL MEWS 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 |
---|---|---|---|
2022 10 OCT | £430,000 | £549,494 | 22% below HPI |
2008 13 MAY | £310,000 | £318,438 | 3% below HPI |
2002 19 JUN | £196,000 | £203,448 | 4% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 3 SCHOOL MEWS sales between June 2002 and October 2022 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 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
3 SCHOOL MEWS is 114m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses in Coggeshall, based on EPC data. The below chart shows the distribution of detached houses by size in Coggeshall, and where 3 SCHOOL MEWS lies on this distribution: 41% of detached houses are smaller than 3 SCHOOL MEWS, and 58% of houses are larger. Note that EPC data is not available for all properties in Coggeshall.
3 SCHOOL MEWS sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 3 SCHOOL MEWS, 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 SCHOOL MEWS). 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 SCHOOL MEWS is located in COGGESHALL, in the CO6 postcode district. The below map shows the position of No. 3 on SCHOOL MEWS.