THE OKEFIELD, WETHERSFIELD ROAD, SIBLE HEDINGHAM, HALSTEAD, CO9 3LB - £499,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE OKEFIELD is a very large detached house of 187m², built sometime between 1991 and 1995. It was last sold for £499,950 in August 2021, which was around 4% above the average August 2021 detached price in the Braintree local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

THE OKEFIELD Sold Prices

Land registry data shows three sales for THE OKEFIELD 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. Two of the three THE OKEFIELD sales were for above the average price, whilst one 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
2021 31 AUG	£499,950	£480,485	4% above HPI
2014 21 NOV	£317,500	£360,977	12% below HPI
2000 17 JUL	£165,000	£147,926	12% above HPI

THE OKEFIELD 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 THE OKEFIELD sales between July 2000 and August 2021 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 November 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is THE OKEFIELD?

THE OKEFIELD is 187m² according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses in Sible Hedingham, based on EPC data. The below chart shows the distribution of detached houses by size in Sible Hedingham, and where THE OKEFIELD lies on this distribution: 91% of detached houses are smaller than THE OKEFIELD, and 9% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

THE OKEFIELD: Plot and Title Map

THE OKEFIELD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of THE OKEFIELD, 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 OKEFIELD). 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 OKEFIELD?

THE OKEFIELD is located on WETHERSFIELD ROAD in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of THE OKEFIELD on WETHERSFIELD ROAD.