RAYDENE, STATION ROAD, HATFIELD PEVEREL, CHELMSFORD, CM3 2DS - £790,000

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

RAYDENE is a midsized extended detached house of 122m², built sometime between 1900 and 1929. It was last sold for £790,000 in March 2024, which was around 50% above the average March 2024 detached price in the Braintree local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

RAYDENE Sold Prices

Land registry data shows three sales for RAYDENE 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. One of the three RAYDENE sales was for above the average price, whilst two 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
2024 22 MAR	£790,000	£526,720	50% above HPI
2018 13 JUL	£375,000	£473,112	21% below HPI
2008 31 OCT	£210,000	£309,725	32% below HPI

RAYDENE 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 RAYDENE sales between October 2008 and March 2024 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 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2024 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is RAYDENE?

RAYDENE is 122m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield Peverel, and where RAYDENE lies on this distribution: 49% of detached houses are smaller than RAYDENE, and 50% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

RAYDENE: Plot and Title Map

RAYDENE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of RAYDENE, 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 RAYDENE). 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 RAYDENE?

RAYDENE is located on STATION ROAD in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of RAYDENE on STATION ROAD.