1, SQUIRES MEAD, GREAT BARDFIELD, BRAINTREE, CM7 4SJ - £550,000

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.

1 SQUIRES MEAD is a large detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £620,502. It was last sold for £550,000 in June 2021, which was around 10% above the average June 2021 detached price in the Braintree local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

1 SQUIRES MEAD Sold Prices

Land registry data shows two sales for 1 SQUIRES MEAD 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. Both of the two 1 SQUIRES MEAD 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
2021 3 JUN	£550,000	£501,361	10% above HPI
1997 16 JAN	£132,500	£101,517	31% above HPI

1 SQUIRES MEAD 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 1 SQUIRES MEAD sales from January 1997 and June 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 1997 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 SQUIRES MEAD be worth now?

1 SQUIRES MEAD might now be worth an estimated £620,502.

This is based on house price inflation of 12.8%, between June 2021 and June 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 12.8% inflationary increase is applied to the most recent sale price for 1 SQUIRES MEAD of £550,000 on 3rd June 2021. For the value to have increased from £550,000 to £620,502 over the four years to June 2025, the following assumptions must hold true:

• The value of 1 SQUIRES MEAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SQUIRES MEAD has not materially changed since June 2021.

How Large is 1 SQUIRES MEAD?

1 SQUIRES MEAD is 161m² according to the EPC inspection conducted in May 2020. This puts it in the largest 40% of detached houses houses in Great Bardfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Bardfield, and where 1 SQUIRES MEAD lies on this distribution: 61% of detached houses houses are smaller than 1 SQUIRES MEAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Great Bardfield.

1 SQUIRES MEAD: Plot and Title Map

1 SQUIRES MEAD sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 1 SQUIRES MEAD, 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 1 SQUIRES MEAD). 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 1 SQUIRES MEAD?

1 SQUIRES MEAD is located in GREAT BARDFIELD, in the CM7 postcode district. The below map shows the position of No. 1 on SQUIRES MEAD.