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

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

HEATHERDENE is a very large extended detached house of 238m², built sometime between 1950 and 1966. It was last sold for £895,000 in November 2020, which was around 84% 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	£486,555	84% above HPI
2014 24 JUL	£665,000	£352,868	88% above HPI
2000 19 MAY	£170,150	£140,039	22% 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 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the November 2020 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

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 in Nounsley, based on EPC data. The below chart shows the distribution of detached houses by size in Nounsley, and where HEATHERDENE lies on this distribution: 95% of detached 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.