MAGPIES, CHURCH STREET, GREAT MAPLESTEAD, HALSTEAD, CO9 2RQ - £590,000

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

MAGPIES is a very large detached house of 309m², built sometime between 1996 and 2002. It was last sold for £590,000 in July 2017, which was around 29% above the average July 2017 detached price in the Braintree local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

MAGPIES Sold Prices

Land registry data shows two sales for MAGPIES 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 MAGPIES 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
2017 5 JUL	£590,000	£458,076	29% above HPI
1995 14 FEB	£126,000	£94,564	33% above HPI

MAGPIES 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 MAGPIES sales from February 1995 and July 2017 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 February 1995 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2017 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is MAGPIES?

MAGPIES is 309m² according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Great Maplestead, based on EPC data. The below chart shows the distribution of detached houses by size in Great Maplestead, and where MAGPIES lies on this distribution: 93% of detached houses are smaller than MAGPIES, and 7% of houses are larger. Note that EPC data is not available for all properties in Great Maplestead.

MAGPIES: Plot and Title Map

MAGPIES sits on a plot of roughly 0.734 of an acre, or 2,972m². The below map shows the location of MAGPIES, 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 MAGPIES). 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 MAGPIES?

MAGPIES is located on CHURCH STREET in GREAT MAPLESTEAD, in the CO9 postcode district. The below map shows the position of MAGPIES on CHURCH STREET.