3A, WOODFIELD WAY, HATFIELD PEVEREL, CHELMSFORD, CM3 2RY - £370,000

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

3A WOODFIELD WAY is a very small extended detached house of 55m², built sometime between 1983 and 1990. It was last sold for £370,000 in June 2022, which was around 30% below the average June 2022 detached price in the Braintree local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

3A WOODFIELD WAY Sold Prices

Land registry data shows two sales for 3A WOODFIELD WAY since 1^st 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 3A WOODFIELD WAY 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 27 JUN	£370,000	£529,767	30% below HPI
2002 23 JAN	£121,500	£186,849	35% below HPI

3A WOODFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 3A WOODFIELD WAY sales from January 2002 and June 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 January 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3A WOODFIELD WAY?

3A WOODFIELD WAY is 55m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield Peverel, and where 3A WOODFIELD WAY lies on this distribution: 1% of detached houses are smaller than 3A WOODFIELD WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

3A WOODFIELD WAY: Plot and Title Map

3A WOODFIELD WAY sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 3A WOODFIELD WAY, 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 3A WOODFIELD WAY). 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 3A WOODFIELD WAY?

3A WOODFIELD WAY is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 3A on WOODFIELD WAY.