SALTWOOD, STATION ROAD, HATFIELD PEVEREL, CHELMSFORD, CM3 2DS - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SALTWOOD is a very large extended detached house of 155m², built sometime between 1900 and 1929, which could now be worth an estimated £693,166. It was last sold for £565,000 in February 2017, which was around 20% above the average February 2017 detached price in the Braintree local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

SALTWOOD Sold Prices

Land registry data shows four sales for SALTWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four SALTWOOD 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
2017 7 FEB	£565,000	£470,742	20% above HPI
2011 22 MAR	£445,000	£318,959	40% above HPI
2007 21 AUG	£445,000	£337,019	32% above HPI
1996 28 JUN	£82,000	£96,587	15% below HPI

SALTWOOD 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 four SALTWOOD sales between June 1996 and February 2017 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 March 2011 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might SALTWOOD be worth now?

SALTWOOD might now be worth an estimated £693,166.

This is based on house price inflation of 22.7%, between February 2017 and February 2025, 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 22.7% inflationary increase is applied to the most recent sale price for SALTWOOD of £565,000 on 7th February 2017. For the value to have increased from £565,000 to £693,166 over the eight years to February 2025, the following assumptions must hold true:

• The value of SALTWOOD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The February 2017 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of SALTWOOD has not materially changed since February 2017.

How Large is SALTWOOD?

SALTWOOD is 155m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield Peverel, and where SALTWOOD lies on this distribution: 83% of detached houses houses are smaller than SALTWOOD, and 17% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

SALTWOOD: Plot and Title Map

SALTWOOD sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of SALTWOOD, 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 SALTWOOD). 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 SALTWOOD?

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