7, SPRING WAY, SIBLE HEDINGHAM, HALSTEAD, CO9 3SB - £375,000

7 SPRING WAY is a small extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £375,000 in November 2020, which was around 23% below the average November 2020 detached price in the Braintree local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

7 SPRING WAY Sold Prices

Land registry data shows four sales for 7 SPRING WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four 7 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
2020 2 NOV	£375,000	£486,555	23% below HPI
2007 27 MAR	£235,000	£307,069	23% below HPI
2004 10 MAY	£215,000	£265,912	19% below HPI
1999 23 AUG	£129,000	£126,668	2% above HPI

7 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 four 7 SPRING WAY sales between August 1999 and November 2020 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 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2020 sale, which was also at 23% below the HPI.

How Large is 7 SPRING WAY?

7 SPRING WAY is 110m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% 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 7 SPRING WAY lies on this distribution: 38% of detached houses are smaller than 7 SPRING WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Sible Hedingham.

7 SPRING WAY: Plot and Title Map

7 SPRING WAY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 7 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 7 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 7 SPRING WAY?

7 SPRING WAY is located in SIBLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 7 on SPRING WAY.