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
43 SAFFRON GARDENS is a very small detached house of 38m², built sometime between 1950 and 1966. It was last sold for £190,000 in April 2018, which was around 59% below the average April 2018 detached price in the Braintree local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was F.
Land registry data shows two sales for 43 SAFFRON GARDENS 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 43 SAFFRON GARDENS 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 30 APR | £190,000 | £467,389 | 59% below HPI |
2009 28 SEP | £185,000 | £280,223 | 34% 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 43 SAFFRON GARDENS sales from September 2009 and April 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 September 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2018 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.
43 SAFFRON GARDENS is 38m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where 43 SAFFRON GARDENS lies on this distribution: Less than 1% of detached houses are smaller than 43 SAFFRON GARDENS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.
43 SAFFRON GARDENS sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 43 SAFFRON GARDENS, 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 43 SAFFRON GARDENS). 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.
43 SAFFRON GARDENS is located in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of No. 43 on SAFFRON GARDENS.