7, GLEBEFIELD ROAD, HATFIELD PEVEREL, CHELMSFORD, CM3 2HX - £295,000

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.

7 GLEBEFIELD ROAD is a very small detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £395,046. It was last sold for £295,000 in December 2015, which was around 29% below the average December 2015 detached price in the Braintree local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

7 GLEBEFIELD ROAD Sold Prices

Land registry data shows three sales for 7 GLEBEFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 7 GLEBEFIELD ROAD 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
2015 10 DEC	£295,000	£415,858	29% below HPI
1998 27 MAR	£99,950	£111,897	11% below HPI
1996 9 AUG	£79,000	£98,523	20% below HPI

7 GLEBEFIELD ROAD 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 three 7 GLEBEFIELD ROAD sales between August 1996 and December 2015 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 March 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 7 GLEBEFIELD ROAD be worth now?

7 GLEBEFIELD ROAD might now be worth an estimated £395,046.

This is based on house price inflation of 33.9%, between December 2015 and May 2026, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.9% inflationary increase is applied to the most recent sale price for 7 GLEBEFIELD ROAD of £295,000 on 10th December 2015. For the value to have increased from £295,000 to £395,046 over the eleven years and seven months to May 2026, the following assumptions must hold true:

• The value of 7 GLEBEFIELD ROAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GLEBEFIELD ROAD has not materially changed since December 2015.

How Large is 7 GLEBEFIELD ROAD?

7 GLEBEFIELD ROAD is 71m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield Peverel, and where 7 GLEBEFIELD ROAD lies on this distribution: 4% of detached houses houses are smaller than 7 GLEBEFIELD ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

7 GLEBEFIELD ROAD: Plot and Title Map

7 GLEBEFIELD ROAD sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 7 GLEBEFIELD ROAD, 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 7 GLEBEFIELD ROAD). 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 7 GLEBEFIELD ROAD?

7 GLEBEFIELD ROAD is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 7 on GLEBEFIELD ROAD.