3, MCDOWELL MEWS, HALSTEAD, CO9 2ER - £317,500

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.

3 MCDOWELL MEWS is a midsized terraced house of 112m², built in 2018, which could now be worth an estimated £349,940. It was last sold for £317,500 in October 2020, which was around 33% above the average October 2020 terraced price in the Braintree local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

3 MCDOWELL MEWS Sold Prices

Land registry data shows two sales for 3 MCDOWELL MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Both of the two 3 MCDOWELL MEWS 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
2020 9 OCT	£317,500	£238,749	33% above HPI
2018 28 FEB	£825,000	£232,075	255% above HPI

3 MCDOWELL MEWS 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 two 3 MCDOWELL MEWS sales from February 2018 and October 2020 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 February 2018 sale was for 255% above the HPI. So the extrapolation line tracks at 255% above the HPI over time, until the October 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 3 MCDOWELL MEWS be worth now?

3 MCDOWELL MEWS might now be worth an estimated £349,940.

This is based on house price inflation of 10.2%, between October 2020 and April 2026, 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 10.2% inflationary increase is applied to the most recent sale price for 3 MCDOWELL MEWS of £317,500 on 9th October 2020. For the value to have increased from £317,500 to £349,940 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 3 MCDOWELL MEWS has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The October 2020 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MCDOWELL MEWS has not materially changed since October 2020.

How Large is 3 MCDOWELL MEWS?

3 MCDOWELL MEWS is 112m² according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of terraced houses houses in Halstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halstead, and where 3 MCDOWELL MEWS lies on this distribution: 55% of terraced houses houses are smaller than 3 MCDOWELL MEWS, and 45% of houses are larger. Note that EPC data is not available for all properties in Halstead.

3 MCDOWELL MEWS: Plot and Title Map

3 MCDOWELL MEWS sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 3 MCDOWELL MEWS, 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 3 MCDOWELL MEWS). 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 3 MCDOWELL MEWS?

3 MCDOWELL MEWS is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 3 on MCDOWELL MEWS.