BAY VIEW, UPPER CHAPEL STREET, HALSTEAD, CO9 2BZ - £625,000

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

BAY VIEW is a very large detached house of 177m², built in 2021. It was last sold for £625,000 in August 2021, which was around 30% above the average August 2021 detached price in the Braintree local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

BAY VIEW Sold Prices

Land registry data shows two sales for BAY VIEW 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. One of the two BAY VIEW sales was for above the average price, whilst the other 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
2021 12 AUG	£625,000	£480,485	30% above HPI
2020 29 MAY	£340,000	£469,182	28% below HPI

BAY VIEW 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 BAY VIEW sales from May 2020 and August 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 May 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is BAY VIEW?

BAY VIEW is 177m² according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses by size in Halstead, and where BAY VIEW lies on this distribution: 95% of detached houses are smaller than BAY VIEW, and 5% of houses are larger. Note that EPC data is not available for all properties in Halstead.

BAY VIEW: Plot and Title Map

BAY VIEW sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of BAY VIEW, 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 BAY VIEW). 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 BAY VIEW?

BAY VIEW is located on UPPER CHAPEL STREET in HALSTEAD, in the CO9 postcode district. The below map shows the position of BAY VIEW on UPPER CHAPEL STREET.