7, MEADWAY, GOSFIELD, HALSTEAD, CO9 1TQ - £465,000

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

7 MEADWAY is a very large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £465,000 in July 2021, which was around 2% below the average July 2021 detached price in the Braintree local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

7 MEADWAY Sold Prices

Land registry data shows three sales for 7 MEADWAY 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. One of the three 7 MEADWAY sales was for below the average price, whilst two were for above 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
2021 19 JUL	£465,000	£476,776	2% below HPI
2007 30 OCT	£410,000	£323,322	27% above HPI
1997 17 OCT	£108,000	£103,724	4% above HPI

7 MEADWAY 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 7 MEADWAY sales between October 1997 and July 2021 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 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 MEADWAY?

7 MEADWAY is 171m², which includes three extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 20% of detached houses in Gosfield, based on EPC data. The below chart shows the distribution of detached houses by size in Gosfield, and where 7 MEADWAY lies on this distribution: 82% of detached houses are smaller than 7 MEADWAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Gosfield.

7 MEADWAY: Plot and Title Map

7 MEADWAY sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 7 MEADWAY, 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 7 MEADWAY). 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 7 MEADWAY?

7 MEADWAY is located in GOSFIELD, in the CO9 postcode district. The below map shows the position of No. 7 on MEADWAY.