7, THE GREEN, HATFIELD PEVEREL, CHELMSFORD, CM3 2JH - £345,000

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 THE GREEN is a very small terraced house of 83m², built sometime between 1900 and 1929, which could now be worth an estimated £397,886. It was last sold for £345,000 in August 2018, which was around 49% above the average August 2018 terraced price in the Braintree local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

7 THE GREEN Sold Prices

Land registry data shows three sales for 7 THE GREEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Two of the three 7 THE GREEN sales were for above the average price, whilst one was 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 13 AUG	£345,000	£230,893	49% above HPI
2013 14 JUN	£240,000	£154,179	56% above HPI
1997 29 SEP	£29,400	£47,175	38% below HPI

7 THE GREEN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The three 7 THE GREEN sales between September 1997 and August 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 June 2013 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2018 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 THE GREEN be worth now?

7 THE GREEN might now be worth an estimated £397,886.

This is based on house price inflation of 15.3%, between August 2018 and June 2025, for terraced 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 15.3% inflationary increase is applied to the most recent sale price for 7 THE GREEN of £345,000 on 13th August 2018. For the value to have increased from £345,000 to £397,886 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 7 THE GREEN has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The August 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE GREEN has not materially changed since August 2018.

How Large is 7 THE GREEN?

7 THE GREEN is 83m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of terraced houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hatfield Peverel, and where 7 THE GREEN lies on this distribution: 10% of terraced houses houses are smaller than 7 THE GREEN, and 90% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

7 THE GREEN: Plot and Title Map

7 THE GREEN sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 7 THE GREEN, 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 THE GREEN). 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 THE GREEN?

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