4, SPRINGMEAD, BRAINTREE, CM77 7PX - £460,000

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 SPRINGMEAD is a small extended detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £537,724. It was last sold for £460,000 in July 2018, which was around 7% below the average July 2018 detached price in the Braintree local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

4 SPRINGMEAD Sold Prices

Land registry data shows two sales for 4 SPRINGMEAD 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 4 SPRINGMEAD 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
2018 6 JUL	£460,000	£494,844	7% below HPI
2014 28 MAR	£282,500	£343,590	18% below HPI

4 SPRINGMEAD 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 4 SPRINGMEAD sales from March 2014 and July 2018 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 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 SPRINGMEAD be worth now?

4 SPRINGMEAD might now be worth an estimated £537,724.

This is based on house price inflation of 16.9%, between July 2018 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 16.9% inflationary increase is applied to the most recent sale price for 4 SPRINGMEAD of £460,000 on 6th July 2018. For the value to have increased from £460,000 to £537,724 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of 4 SPRINGMEAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The July 2018 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRINGMEAD has not materially changed since July 2018.

How Large is 4 SPRINGMEAD?

4 SPRINGMEAD is 120m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Notley, and where 4 SPRINGMEAD lies on this distribution: 40% of detached houses houses are smaller than 4 SPRINGMEAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

4 SPRINGMEAD: Plot and Title Map

4 SPRINGMEAD sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 4 SPRINGMEAD, 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 SPRINGMEAD). 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 SPRINGMEAD?

4 SPRINGMEAD is located in BRAINTREE, in the CM77 postcode district. The below map shows the position of No. 4 on SPRINGMEAD.