38, SPRING WAY, SIBLE HEDINGHAM, HALSTEAD, CO9 3SB - £425,000

38 SPRING WAY is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £425,000 in June 2018, which was around 9% below the average June 2018 detached price in the Braintree local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

38 SPRING WAY Sold Prices

Land registry data shows five sales for 38 SPRING WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the five 38 SPRING 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
2018 29 JUN	£425,000	£468,068	9% below HPI
2006 27 OCT	£264,995	£297,039	11% below HPI
2001 24 AUG	£160,000	£174,737	8% below HPI
2001 9 APR	£161,500	£164,049	2% below HPI
1999 9 AUG	£134,950	£126,668	7% above HPI

38 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 five 38 SPRING WAY sales between August 1999 and June 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 October 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 38 SPRING WAY?

38 SPRING WAY is 118m² according to the EPC inspection conducted in June 2015. 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 38 SPRING WAY lies on this distribution: 50% of detached houses are smaller than 38 SPRING WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

38 SPRING WAY: Plot and Title Map

38 SPRING WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 38 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 38 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 38 SPRING WAY?

38 SPRING WAY is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 38 on SPRING WAY.