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 SUMMERFIELDS is a large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £235,000 in August 2003, which was around 7% below the average August 2003 detached price in the Braintree local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 3 SUMMERFIELDS 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 SUMMERFIELDS 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 22 AUG | £235,000 | £251,998 | 7% below HPI |
2002 12 JUL | £167,500 | £209,463 | 20% below HPI |
1995 31 JUL | £83,000 | £92,256 | 10% 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 SUMMERFIELDS sales between July 1995 and August 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 July 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2003 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
3 SUMMERFIELDS is 132m² according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of detached houses in Sible Hedingham, based on EPC data. The below chart shows the distribution of detached houses by size in Sible Hedingham, and where 3 SUMMERFIELDS lies on this distribution: 68% of detached houses are smaller than 3 SUMMERFIELDS, and 32% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.
3 SUMMERFIELDS sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 3 SUMMERFIELDS, 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 SUMMERFIELDS). 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 SUMMERFIELDS is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 3 on SUMMERFIELDS.