MEADOWS, THE GREEN, HATFIELD PEVEREL, CHELMSFORD, CM3 2JQ - £270,000

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.

MEADOWS is a very small detached house of 59m², built sometime between 1900 and 1929, which could now be worth an estimated £328,596. It was last sold for £270,000 in June 2017, which was around 43% below the average June 2017 detached price in the Braintree local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

MEADOWS Sold Prices

Land registry data shows four sales for MEADOWS 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. All of the four MEADOWS 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
2017 6 JUN	£270,000	£474,540	43% below HPI
2014 1 SEP	£210,000	£379,255	45% below HPI
2007 11 JUN	£171,250	£324,817	47% below HPI
2006 14 JUL	£140,000	£307,740	55% below HPI

MEADOWS 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 MEADOWS sales between July 2006 and June 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 September 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2017 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might MEADOWS be worth now?

MEADOWS might now be worth an estimated £328,596.

This is based on house price inflation of 21.7%, between June 2017 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 21.7% inflationary increase is applied to the most recent sale price for MEADOWS of £270,000 on 6th June 2017. For the value to have increased from £270,000 to £328,596 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of MEADOWS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOWS has not materially changed since June 2017.

How Large is MEADOWS?

MEADOWS is 59m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield Peverel, and where MEADOWS lies on this distribution: 2% of detached houses houses are smaller than MEADOWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

MEADOWS: Plot and Title Map

MEADOWS sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of MEADOWS, 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 MEADOWS). 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 MEADOWS?

MEADOWS is located on THE GREEN in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of MEADOWS on THE GREEN.