2, THE MEADS, INGATESTONE, CM4 0AD - £350,000

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.

2 THE MEADS is a very small terraced house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £519,222. It was last sold for £350,000 in July 2015, which was around 19% above the average July 2015 terraced price in the Brentwood local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

2 THE MEADS Sold Prices

Land registry data shows three sales for 2 THE MEADS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Brentwood local authority area for the corresponding sale date. All of the three 2 THE MEADS 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
2015 10 JUL	£350,000	£293,488	19% above HPI
2009 29 JUN	£243,000	£204,210	19% above HPI
2003 16 DEC	£205,000	£171,657	19% above HPI

2 THE MEADS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Brentwood local authority area over time, sourced from the HPI. The three 2 THE MEADS sales between December 2003 and July 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 June 2009 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2015 sale, which was also at 19% above the HPI.

What might 2 THE MEADS be worth now?

2 THE MEADS might now be worth an estimated £519,222.

This is based on house price inflation of 48.3%, between July 2015 and April 2026, for terraced houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.3% inflationary increase is applied to the most recent sale price for 2 THE MEADS of £350,000 on 10th July 2015. For the value to have increased from £350,000 to £519,222 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of 2 THE MEADS has moved in line with the HPI for terraced houses in the Brentwood local authority area.
• The July 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEADS has not materially changed since July 2015.

How Large is 2 THE MEADS?

2 THE MEADS is 77m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of terraced houses houses in Ingatestone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ingatestone, and where 2 THE MEADS lies on this distribution: 6% of terraced houses houses are smaller than 2 THE MEADS, and 94% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

2 THE MEADS: Plot and Title Map

2 THE MEADS sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 THE MEADS, 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 THE MEADS). 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 THE MEADS?

2 THE MEADS is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 2 on THE MEADS.