HEATHERDENE, NOUNSLEY ROAD, HATFIELD PEVEREL, CHELMSFORD, CM3 2NQ - £895,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HEATHERDENE is a very large extended detached house of 238m², built sometime between 1950 and 1966, which could now be worth an estimated £1,015,682. It was last sold for £895,000 in November 2020, which was around 76% above the average November 2020 detached price in the Braintree local authority area. The most recent EPC inspection was November 2014, where the current energy rating was F, and the potential energy rating was E.

HEATHERDENE Sold Prices

Land registry data shows three sales for HEATHERDENE 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. All of the three HEATHERDENE 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
2020 19 NOV	£895,000	£508,905	76% above HPI
2014 24 JUL	£665,000	£369,077	80% above HPI
2000 19 MAY	£170,150	£146,472	16% above HPI

HEATHERDENE 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 HEATHERDENE sales between May 2000 and November 2020 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 July 2014 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the November 2020 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might HEATHERDENE be worth now?

HEATHERDENE might now be worth an estimated £1,015,682.

This is based on house price inflation of 13.5%, between November 2020 and February 2025, 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 13.5% inflationary increase is applied to the most recent sale price for HEATHERDENE of £895,000 on 19th November 2020. For the value to have increased from £895,000 to £1,015,682 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of HEATHERDENE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2020 sale price of £895,000 represented a fair market value for the property.
• The size, condition, and specification of HEATHERDENE has not materially changed since November 2020.

How Large is HEATHERDENE?

HEATHERDENE is 238m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses houses in Nounsley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nounsley, and where HEATHERDENE lies on this distribution: 95% of detached houses houses are smaller than HEATHERDENE, and 5% of houses are larger. Note that EPC data is not available for all properties in Nounsley.

HEATHERDENE: Plot and Title Map

HEATHERDENE sits on a plot of roughly 0.491 of an acre, or 1,989m². The below map shows the location of HEATHERDENE, 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 HEATHERDENE). 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 HEATHERDENE?

HEATHERDENE is located on NOUNSLEY ROAD in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of HEATHERDENE on NOUNSLEY ROAD.