VESPERS, BARDFIELD ROAD, FINCHINGFIELD, BRAINTREE, CM7 4LX - £720,000

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.

VESPERS is a very large extended detached house of 202m², built sometime from 2007 onwards, which could now be worth an estimated £842,606. It was last sold for £720,000 in March 2021, which was around 46% above the average March 2021 detached price in the Braintree local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

VESPERS Sold Prices

Land registry data shows two sales for VESPERS 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 VESPERS 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
2021 8 MAR	£720,000	£493,491	46% above HPI
2016 15 JAN	£400,000	£418,523	4% below HPI

VESPERS 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 VESPERS sales from January 2016 and March 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 January 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might VESPERS be worth now?

VESPERS might now be worth an estimated £842,606.

This is based on house price inflation of 17%, between March 2021 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 17% inflationary increase is applied to the most recent sale price for VESPERS of £720,000 on 8th March 2021. For the value to have increased from £720,000 to £842,606 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of VESPERS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2021 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of VESPERS has not materially changed since March 2021.

How Large is VESPERS?

VESPERS is 202m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of detached houses houses in Finchingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Finchingfield, and where VESPERS lies on this distribution: 83% of detached houses houses are smaller than VESPERS, and 17% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

VESPERS: Plot and Title Map

VESPERS sits on a plot of roughly 0.255 of an acre, or 1,031m². The below map shows the location of VESPERS, 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 VESPERS). 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 VESPERS?

VESPERS is located on BARDFIELD ROAD in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of VESPERS on BARDFIELD ROAD.