5, SPRINGMEAD, BRAINTREE, CM77 7PX - £380,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 SPRINGMEAD is a midsized semi-detached house of 133m², built sometime between 1967 and 1975. It was last sold for £380,000 in April 2014, which was around 14% above the average April 2014 detached price in the Braintree local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

5 SPRINGMEAD Sold Prices

Land registry data shows three sales for 5 SPRINGMEAD 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 5 SPRINGMEAD 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
2014 1 APR	£380,000	£332,565	14% above HPI
2011 31 OCT	£375,000	£310,755	21% above HPI
2000 3 MAR	£133,000	£136,640	3% below HPI

5 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 three 5 SPRINGMEAD sales between March 2000 and April 2014 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 October 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2014 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 5 SPRINGMEAD?

5 SPRINGMEAD is 133m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 5 SPRINGMEAD lies on this distribution: 55% of detached houses are smaller than 5 SPRINGMEAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

5 SPRINGMEAD: Plot and Title Map

5 SPRINGMEAD sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 5 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 5 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 5 SPRINGMEAD?

5 SPRINGMEAD is located in BRAINTREE, in the CM77 postcode district. The below map shows the position of No. 5 on SPRINGMEAD.