RETREAT, MALDON ROAD, HATFIELD PEVEREL, CHELMSFORD, CM3 2HP - £575,000

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

RETREAT is a midsized extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £575,000 in March 2020, which was around 23% above the average March 2020 detached price in the Braintree local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

RETREAT Sold Prices

Land registry data shows three sales for RETREAT 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. The three RETREAT sales were a mix of above the average price, and roughly equal to 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
2020 17 MAR	£575,000	£468,395	23% above HPI
2017 6 JUL	£460,000	£458,076	Close to HPI
1996 8 MAR	£137,500	£89,663	53% above HPI

RETREAT 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 RETREAT sales between March 1996 and March 2020 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 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is RETREAT?

RETREAT is 133m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 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 RETREAT lies on this distribution: 58% of detached houses are smaller than RETREAT, and 41% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

RETREAT: Plot and Title Map

RETREAT sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of RETREAT, 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 RETREAT). 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 RETREAT?

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