THE BEECHES, STATION ROAD, HATFIELD PEVEREL, CHELMSFORD, CM3 2DT - £412,500

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

THE BEECHES is a small extended detached house of 94m², built sometime before 1900. It was last sold for £412,500 in May 2017, which was around 8% below the average May 2017 detached price in the Braintree local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was F.

THE BEECHES Sold Prices

Land registry data shows four sales for THE BEECHES 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 THE BEECHES 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
2017 4 MAY	£412,500	£449,986	8% below HPI
2006 10 APR	£270,000	£283,816	5% below HPI
2004 18 JUN	£237,500	£266,785	11% below HPI
1999 13 DEC	£140,000	£131,915	6% above HPI

THE BEECHES 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 THE BEECHES sales between December 1999 and May 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 April 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THE BEECHES?

THE BEECHES is 94m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% 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 THE BEECHES lies on this distribution: 27% of detached houses are smaller than THE BEECHES, and 73% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

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