3, SPALT CLOSE, HUTTON, BRENTWOOD, CM13 2UN - £385,000

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.

3 SPALT CLOSE is a very small extended semi-detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £394,610. It was last sold for £385,000 in June 2022, which was around 27% below the average June 2022 semi-detached price in the Brentwood local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 SPALT CLOSE Sold Prices

Land registry data shows six sales for 3 SPALT CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Brentwood local authority area for the corresponding sale date. All of the six 3 SPALT CLOSE sales were for below 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
2022 10 JUN	£385,000	£528,169	27% below HPI
2008 1 AUG	£246,000	£287,724	15% below HPI
2005 16 SEP	£197,500	£256,717	23% below HPI
2002 18 DEC	£135,000	£209,365	36% below HPI
1999 29 JUL	£93,500	£120,478	22% below HPI
1996 25 JUL	£67,500	£82,881	19% below HPI

3 SPALT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Brentwood local authority area over time, sourced from the HPI. The six 3 SPALT CLOSE sales between July 1996 and June 2022 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 August 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 SPALT CLOSE be worth now?

3 SPALT CLOSE might now be worth an estimated £394,610.

This is based on house price inflation of 2.5%, between June 2022 and June 2025, for semi-detached 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 2.5% inflationary increase is applied to the most recent sale price for 3 SPALT CLOSE of £385,000 on 10th June 2022. For the value to have increased from £385,000 to £394,610 over the three years to June 2025, the following assumptions must hold true:

• The value of 3 SPALT CLOSE has moved in line with the HPI for semi-detached houses in the Brentwood local authority area.
• The June 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPALT CLOSE has not materially changed since June 2022.

How Large is 3 SPALT CLOSE?

3 SPALT CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of semi-detached houses houses in Brentwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Brentwood, and where 3 SPALT CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 3 SPALT CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

3 SPALT CLOSE: Plot and Title Map

3 SPALT CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 3 SPALT CLOSE, 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 SPALT CLOSE). 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 SPALT CLOSE?

3 SPALT CLOSE is located in HUTTON, in the CM13 postcode district. The below map shows the position of No. 3 on SPALT CLOSE.