37, PETRESFIELD WAY, WEST HORNDON, BRENTWOOD, CM13 3TG - £285,000

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.

37 PETRESFIELD WAY is a very small terraced house of 43m², built sometime between 1983 and 1990, which could now be worth an estimated £315,122. It was last sold for £285,000 in April 2021, which was around 26% below the average April 2021 terraced price in the Brentwood local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was A.

37 PETRESFIELD WAY Sold Prices

Land registry data shows four sales for 37 PETRESFIELD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Brentwood local authority area for the corresponding sale date. All of the four 37 PETRESFIELD WAY 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
2021 8 APR	£285,000	£385,523	26% below HPI
2014 5 DEC	£240,000	£281,566	15% below HPI
2014 5 FEB	£188,000	£258,939	27% below HPI
2001 15 JUN	£89,000	£119,095	25% below HPI

37 PETRESFIELD WAY 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 four 37 PETRESFIELD WAY sales between June 2001 and April 2021 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 December 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 37 PETRESFIELD WAY be worth now?

37 PETRESFIELD WAY might now be worth an estimated £315,122.

This is based on house price inflation of 10.6%, between April 2021 and June 2025, 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 10.6% inflationary increase is applied to the most recent sale price for 37 PETRESFIELD WAY of £285,000 on 8th April 2021. For the value to have increased from £285,000 to £315,122 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 37 PETRESFIELD WAY has moved in line with the HPI for terraced houses in the Brentwood local authority area.
• The April 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 37 PETRESFIELD WAY has not materially changed since April 2021.

How Large is 37 PETRESFIELD WAY?

37 PETRESFIELD WAY is 43m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of terraced houses houses in West Horndon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in West Horndon, and where 37 PETRESFIELD WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 37 PETRESFIELD WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in West Horndon.

37 PETRESFIELD WAY: Plot and Title Map

37 PETRESFIELD WAY sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 37 PETRESFIELD 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 37 PETRESFIELD 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 37 PETRESFIELD WAY?

37 PETRESFIELD WAY is located in WEST HORNDON, in the CM13 postcode district. The below map shows the position of No. 37 on PETRESFIELD WAY.