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 WHEEL CHASE is a very small detached house of 68m². It was last sold for £285,000 in July 2021, which was around 40% below the average July 2021 detached price in the Braintree local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 3 WHEEL CHASE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 3 WHEEL CHASE 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 |
---|---|---|---|
2021 30 JUL | £285,000 | £476,776 | 40% below HPI |
2017 21 JUN | £275,000 | £453,699 | 39% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 3 WHEEL CHASE sales from June 2017 and July 2021 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 June 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
3 WHEEL CHASE is 68m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Sturmer, based on EPC data. The below chart shows the distribution of detached houses by size in Sturmer, and where 3 WHEEL CHASE lies on this distribution: 2% of detached houses are smaller than 3 WHEEL CHASE, and 98% of houses are larger. Note that EPC data is not available for all properties in Sturmer.
3 WHEEL CHASE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 3 WHEEL CHASE, 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 WHEEL CHASE). 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 WHEEL CHASE is located in STURMER, in the CB9 postcode district. The below map shows the position of No. 3 on WHEEL CHASE.