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

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

VESPERS is a very large extended detached house of 202m², built sometime from 2007 onwards. It was last sold for £720,000 in March 2021, which was around 53% 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 roughly equal to 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	£471,818	53% above HPI
2016 15 JAN	£400,000	£400,142	Close to 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

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 in Finchingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Finchingfield, and where VESPERS lies on this distribution: 82% of detached houses are smaller than VESPERS, and 18% 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.