SAFFRON HOUSE, HIGH STREET, WETHERSFIELD, BRAINTREE, CM7 4BZ - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SAFFRON HOUSE is a large detached house of 146m², built sometime before 1900, which could now be worth an estimated £557,786. It was last sold for £475,000 in March 2019, which was around 4% below the average March 2019 detached price in the Braintree local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

SAFFRON HOUSE Sold Prices

Land registry data shows two sales for SAFFRON 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 SAFFRON HOUSE 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
2019 21 MAR	£475,000	£492,601	4% below HPI
2015 7 MAY	£317,500	£388,562	18% below HPI

SAFFRON 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 SAFFRON HOUSE sales from May 2015 and March 2019 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 May 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might SAFFRON HOUSE be worth now?

SAFFRON HOUSE might now be worth an estimated £557,786.

This is based on house price inflation of 17.4%, between March 2019 and December 2024, 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 17.4% inflationary increase is applied to the most recent sale price for SAFFRON HOUSE of £475,000 on 21st March 2019. For the value to have increased from £475,000 to £557,786 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of SAFFRON HOUSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2019 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of SAFFRON HOUSE has not materially changed since March 2019.

How Large is SAFFRON HOUSE?

SAFFRON HOUSE is 146m² according to the EPC inspection conducted in January 2015. This puts it in the largest 30% of detached houses houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wethersfield, and where SAFFRON HOUSE lies on this distribution: 76% of detached houses houses are smaller than SAFFRON HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

SAFFRON HOUSE: Plot and Title Map

SAFFRON HOUSE sits on a plot of roughly 0.348 of an acre, or 1,407m². The below map shows the location of SAFFRON 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 SAFFRON 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 SAFFRON HOUSE?

SAFFRON HOUSE is located on HIGH STREET in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of SAFFRON HOUSE on HIGH STREET.