KINGSMEAD, CHURCH ROAD, GOSFIELD, HALSTEAD, CO9 1TL - £440,000

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.

KINGSMEAD is a midsized detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £522,140. It was last sold for £440,000 in June 2019, which was around 10% below the average June 2019 detached price in the Braintree local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

KINGSMEAD Sold Prices

Land registry data shows four sales for KINGSMEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four KINGSMEAD 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
2019 11 JUN	£440,000	£486,673	10% below HPI
2019 3 JAN	£425,000	£506,983	16% below HPI
2010 22 FEB	£300,000	£310,360	3% below HPI
1999 5 FEB	£149,950	£121,258	24% above HPI

KINGSMEAD 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 four KINGSMEAD sales between February 1999 and June 2019 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 January 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might KINGSMEAD be worth now?

KINGSMEAD might now be worth an estimated £522,140.

This is based on house price inflation of 18.7%, between June 2019 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 18.7% inflationary increase is applied to the most recent sale price for KINGSMEAD of £440,000 on 11th June 2019. For the value to have increased from £440,000 to £522,140 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of KINGSMEAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2019 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of KINGSMEAD has not materially changed since June 2019.

How Large is KINGSMEAD?

KINGSMEAD is 127m² according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses houses in Gosfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gosfield, and where KINGSMEAD lies on this distribution: 58% of detached houses houses are smaller than KINGSMEAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Gosfield.

KINGSMEAD: Plot and Title Map

KINGSMEAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of KINGSMEAD, 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 KINGSMEAD). 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 KINGSMEAD?

KINGSMEAD is located on CHURCH ROAD in GOSFIELD, in the CO9 postcode district. The below map shows the position of KINGSMEAD on CHURCH ROAD.