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

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

SAFFRON HOUSE is a large detached house of 146m², built sometime before 1900. It was last sold for £475,000 in March 2019, which was around 1% above 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. One of the two SAFFRON HOUSE sales was for above the average price, whilst the other was 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	£470,968	1% above HPI
2015 7 MAY	£317,500	£371,498	15% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

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 in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where SAFFRON HOUSE lies on this distribution: 78% of detached 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.