2, RECREATION ROAD, SIBLE HEDINGHAM, HALSTEAD, CO9 3JG - £295,000

2 RECREATION ROAD is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £295,000 in March 2015, which was around 19% below the average March 2015 detached price in the Braintree local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

2 RECREATION ROAD Sold Prices

Land registry data shows three sales for 2 RECREATION ROAD 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 2 RECREATION ROAD sales were for below the average price, whilst one was 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
2015 2 MAR	£295,000	£363,459	19% below HPI
2014 6 MAY	£280,000	£338,697	17% below HPI
2001 6 DEC	£220,000	£183,763	20% above HPI

2 RECREATION ROAD 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 2 RECREATION ROAD sales between December 2001 and March 2015 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 May 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 RECREATION ROAD?

2 RECREATION ROAD is 99m², which includes three extensions, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% 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 2 RECREATION ROAD lies on this distribution: 28% of detached houses are smaller than 2 RECREATION ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

2 RECREATION ROAD: Plot and Title Map

2 RECREATION ROAD sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of 2 RECREATION ROAD, 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 2 RECREATION ROAD). 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 2 RECREATION ROAD?

2 RECREATION ROAD is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 2 on RECREATION ROAD.