2, THE STREET, HATFIELD PEVEREL, CHELMSFORD, CM3 2EJ - £172,500

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 STREET is a very small extended terraced house of 78m², built sometime before 1900, which could now be worth an estimated £290,878. It was last sold for £172,500 in July 2013, which was around 9% above the average July 2013 terraced price in the Braintree local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

2 THE STREET Sold Prices

Land registry data shows four sales for 2 THE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the four 2 THE STREET 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
2013 19 JUL	£172,500	£157,917	9% above HPI
2005 1 JUL	£156,000	£142,557	9% above HPI
1998 22 MAY	£62,995	£51,141	23% above HPI
1996 27 SEP	£48,000	£44,422	8% above HPI

2 THE STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The four 2 THE STREET sales between September 1996 and July 2013 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 July 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2013 sale, which was also at 9% above the HPI.

What might 2 THE STREET be worth now?

2 THE STREET might now be worth an estimated £290,878.

This is based on house price inflation of 68.6%, between July 2013 and June 2025, for terraced 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 68.6% inflationary increase is applied to the most recent sale price for 2 THE STREET of £172,500 on 19th July 2013. For the value to have increased from £172,500 to £290,878 over the twelve years and one month to June 2025, the following assumptions must hold true:

• The value of 2 THE STREET has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The July 2013 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE STREET has not materially changed since July 2013.

How Large is 2 THE STREET?

2 THE STREET is 78m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hatfield Peverel, and where 2 THE STREET lies on this distribution: 8% of terraced houses houses are smaller than 2 THE STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

2 THE STREET: Plot and Title Map

2 THE STREET sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 2 THE STREET, 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 STREET). 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 STREET?

2 THE STREET is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 2 on THE STREET.