4, ROWAN WAY, HATFIELD PEVEREL, CHELMSFORD, CM3 2LW - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 ROWAN WAY is a midsized extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £655,379. It was last sold for £340,000 in May 2006, which was around 13% above the average May 2006 detached price in the Braintree local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

4 ROWAN WAY Sold Prices

Land registry data shows three sales for 4 ROWAN WAY since 1^st 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. Two of the three 4 ROWAN WAY sales were for above the average price, whilst one was 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
2006 26 MAY	£340,000	£300,093	13% above HPI
2002 22 MAR	£247,500	£202,231	22% above HPI
1995 12 JAN	£93,000	£99,720	7% below HPI

4 ROWAN 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 three 4 ROWAN WAY sales between January 1995 and May 2006 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 March 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2006 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 ROWAN WAY be worth now?

4 ROWAN WAY might now be worth an estimated £655,379.

This is based on house price inflation of 92.8%, between May 2006 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.8% inflationary increase is applied to the most recent sale price for 4 ROWAN WAY of £340,000 on 26th May 2006. For the value to have increased from £340,000 to £655,379 over the seventeen years and five months to December 2024, the following assumptions must hold true:

• The value of 4 ROWAN WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The May 2006 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ROWAN WAY has not materially changed since May 2006.

How Large is 4 ROWAN WAY?

4 ROWAN WAY is 134m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield Peverel, and where 4 ROWAN WAY lies on this distribution: 59% of detached houses houses are smaller than 4 ROWAN WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

4 ROWAN WAY: Plot and Title Map

4 ROWAN WAY sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 4 ROWAN 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 4 ROWAN 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 4 ROWAN WAY?

4 ROWAN WAY is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 4 on ROWAN WAY.