Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
38 CHAPEL HILL is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £335,000 in November 2020, which was around 31% below the average November 2020 detached price in the Braintree local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 38 CHAPEL HILL since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the six 38 CHAPEL HILL 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 5 NOV | £335,000 | £486,555 | 31% below HPI |
2008 11 APR | £250,000 | £323,483 | 23% below HPI |
2004 17 DEC | £218,000 | £282,641 | 23% below HPI |
2002 20 DEC | £166,000 | £236,934 | 30% below HPI |
2000 4 MAY | £109,000 | £140,039 | 22% below HPI |
1996 2 APR | £78,000 | £88,744 | 12% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The six 38 CHAPEL HILL sales between April 1996 and November 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 April 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
38 CHAPEL HILL is 112m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses by size in Halstead, and where 38 CHAPEL HILL lies on this distribution: 55% of detached houses are smaller than 38 CHAPEL HILL, and 44% of houses are larger. Note that EPC data is not available for all properties in Halstead.
38 CHAPEL HILL sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 38 CHAPEL HILL, 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 38 CHAPEL HILL). 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.
38 CHAPEL HILL is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 38 on CHAPEL HILL.