7, THE HOPGROUNDS, FINCHINGFIELD, BRAINTREE, CM7 4LU - £337,500

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

7 THE HOPGROUNDS is a very small detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £607,333. It was last sold for £337,500 in November 2011, which was around 5% above the average November 2011 detached price in the Braintree local authority area. The most recent EPC inspection was August 2011, where the current energy rating was F, and the potential energy rating was E.

7 THE HOPGROUNDS Sold Prices

Land registry data shows two sales for 7 THE HOPGROUNDS 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 THE HOPGROUNDS sales 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
2011 28 NOV	£337,500	£321,452	5% above HPI
2007 17 MAY	£345,000	£319,933	8% above HPI

7 THE HOPGROUNDS 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 THE HOPGROUNDS sales from May 2007 and November 2011 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 May 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2011 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 7 THE HOPGROUNDS be worth now?

7 THE HOPGROUNDS might now be worth an estimated £607,333.

This is based on house price inflation of 80%, between November 2011 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 80% inflationary increase is applied to the most recent sale price for 7 THE HOPGROUNDS of £337,500 on 28th November 2011. For the value to have increased from £337,500 to £607,333 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 THE HOPGROUNDS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2011 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 7 THE HOPGROUNDS has not materially changed since November 2011.

How Large is 7 THE HOPGROUNDS?

7 THE HOPGROUNDS is 103m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses houses in Finchingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Finchingfield, and where 7 THE HOPGROUNDS lies on this distribution: 16% of detached houses houses are smaller than 7 THE HOPGROUNDS, and 84% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

7 THE HOPGROUNDS: Plot and Title Map

7 THE HOPGROUNDS sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 7 THE HOPGROUNDS, 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 THE HOPGROUNDS). 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 THE HOPGROUNDS?

7 THE HOPGROUNDS is located in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of No. 7 on THE HOPGROUNDS.