6, SPRINGMEAD, BRAINTREE, CM77 7PX - £425,000

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

6 SPRINGMEAD is a very small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £497,565. It was last sold for £425,000 in March 2018, which was around 14% below the average March 2018 detached price in the Braintree local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

6 SPRINGMEAD Sold Prices

Land registry data shows two sales for 6 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 6 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 29 MAR	£425,000	£494,093	14% below HPI
2005 9 SEP	£215,000	£300,397	28% below HPI

6 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 6 SPRINGMEAD sales from September 2005 and March 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 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 6 SPRINGMEAD be worth now?

6 SPRINGMEAD might now be worth an estimated £497,565.

This is based on house price inflation of 17.1%, between March 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 17.1% inflationary increase is applied to the most recent sale price for 6 SPRINGMEAD of £425,000 on 29th March 2018. For the value to have increased from £425,000 to £497,565 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 6 SPRINGMEAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGMEAD has not materially changed since March 2018.

How Large is 6 SPRINGMEAD?

6 SPRINGMEAD is 84m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% 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 6 SPRINGMEAD lies on this distribution: 6% of detached houses houses are smaller than 6 SPRINGMEAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

6 SPRINGMEAD: Plot and Title Map

6 SPRINGMEAD sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 6 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 6 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 6 SPRINGMEAD?

6 SPRINGMEAD is located in BRAINTREE, in the CM77 postcode district. The below map shows the position of No. 6 on SPRINGMEAD.