31, SPRING WAY, SIBLE HEDINGHAM, HALSTEAD, CO9 3SB - £413,000

31 SPRING WAY is a midsized detached house of 127m², built sometime between 1996 and 2002. It was last sold for £413,000 in May 2018, which was around 11% below the average May 2018 detached price in the Braintree local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

31 SPRING WAY Sold Prices

Land registry data shows two sales for 31 SPRING WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. One of the two 31 SPRING WAY sales was for below the average price, whilst the other 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
2018 31 MAY	£413,000	£465,697	11% below HPI
1998 2 SEP	£150,000	£115,198	30% above HPI

31 SPRING WAY 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 two 31 SPRING WAY sales from September 1998 and May 2018 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 September 1998 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 31 SPRING WAY?

31 SPRING WAY is 127m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% 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 31 SPRING WAY lies on this distribution: 57% of detached houses are smaller than 31 SPRING WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

31 SPRING WAY: Plot and Title Map

31 SPRING WAY sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 31 SPRING WAY, 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 31 SPRING WAY). 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 31 SPRING WAY?

31 SPRING WAY is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 31 on SPRING WAY.