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

40 SPRING WAY is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £425,000 in June 2019, which was around 9% below the average June 2019 detached price in the Braintree local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

40 SPRING WAY Sold Prices

Land registry data shows two sales for 40 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 40 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
2019 24 JUN	£425,000	£465,300	9% below HPI
1999 28 SEP	£134,950	£129,275	4% above HPI

40 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 40 SPRING WAY sales from September 1999 and June 2019 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 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 40 SPRING WAY?

40 SPRING WAY is 117m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 40 SPRING WAY lies on this distribution: 47% of detached houses are smaller than 40 SPRING WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

40 SPRING WAY: Plot and Title Map

40 SPRING WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 40 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 40 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 40 SPRING WAY?

40 SPRING WAY is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 40 on SPRING WAY.