PROSPECT HOUSE, BRENT HALL ROAD, FINCHINGFIELD, BRAINTREE, CM7 4JZ - £1,834,375

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

PROSPECT HOUSE is a very large extended detached house of 292m², built sometime before 1900. It was last sold for £1,834,375 in November 2023, which was around 237% above the average November 2023 detached price in the Braintree local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was E.

PROSPECT HOUSE Sold Prices

Land registry data shows two sales for PROSPECT HOUSE 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 PROSPECT HOUSE 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
2023 3 NOV	£1,834,375	£544,403	237% above HPI
2009 2 OCT	£1,000,000	£286,852	249% above HPI

PROSPECT HOUSE 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 PROSPECT HOUSE sales from October 2009 and November 2023 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 October 2009 sale was for 249% above the HPI. So the extrapolation line tracks at 249% above the HPI over time, until the November 2023 sale, where it falls to 237% above the HPI. The line then continues to track at 237% above the HPI.

How Large is PROSPECT HOUSE?

PROSPECT HOUSE is 292m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 10% of detached houses in Finchingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Finchingfield, and where PROSPECT HOUSE lies on this distribution: 95% of detached houses are smaller than PROSPECT HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

PROSPECT HOUSE: Plot and Title Map

PROSPECT HOUSE sits on a plot of roughly 0.897 of an acre, or 3,629m². The below map shows the location of PROSPECT HOUSE, 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 PROSPECT HOUSE). 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 PROSPECT HOUSE?

PROSPECT HOUSE is located on BRENT HALL ROAD in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of PROSPECT HOUSE on BRENT HALL ROAD.