7, RECREATION ROAD, SIBLE HEDINGHAM, HALSTEAD, CO9 3JG - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 RECREATION ROAD is a large detached house of 133m², built sometime between 1900 and 1929. It was last sold for £450,000 in July 2022, which was around 15% below the average July 2022 detached price in the Braintree local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

7 RECREATION ROAD Sold Prices

Land registry data shows two sales for 7 RECREATION ROAD 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 7 RECREATION ROAD 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
2022 1 JUL	£450,000	£532,067	15% below HPI
2005 11 OCT	£180,000	£285,779	37% below HPI

7 RECREATION ROAD 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 7 RECREATION ROAD sales from October 2005 and July 2022 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 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 RECREATION ROAD?

7 RECREATION ROAD is 133m² according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Sible Hedingham, based on EPC data. The below chart shows the distribution of detached houses by size in Sible Hedingham, and where 7 RECREATION ROAD lies on this distribution: 70% of detached houses are smaller than 7 RECREATION ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

7 RECREATION ROAD: Plot and Title Map

7 RECREATION ROAD sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 7 RECREATION ROAD, 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 RECREATION ROAD). 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 RECREATION ROAD?

7 RECREATION ROAD is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 7 on RECREATION ROAD.