FINCHES, PEVEREL AVENUE, HATFIELD PEVEREL, CHELMSFORD, CM3 2NA - £621,000

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.

FINCHES is a small extended semi-detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £622,172. It was last sold for £621,000 in September 2022, which was around 85% above the average September 2022 semi-detached price in the Braintree local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was D.

FINCHES Sold Prices

Land registry data shows three sales for FINCHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the three FINCHES sales were 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
2022 30 SEP	£621,000	£335,857	85% above HPI
2015 26 JUN	£400,000	£229,316	74% above HPI
2007 19 APR	£365,000	£194,369	88% above HPI

FINCHES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three FINCHES sales between April 2007 and September 2022 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 2015 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the September 2022 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might FINCHES be worth now?

FINCHES might now be worth an estimated £622,172.

This is based on house price inflation of 0.2%, between September 2022 and February 2025, for semi-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 0.2% inflationary increase is applied to the most recent sale price for FINCHES of £621,000 on 30th September 2022. For the value to have increased from £621,000 to £622,172 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of FINCHES has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The September 2022 sale price of £621,000 represented a fair market value for the property.
• The size, condition, and specification of FINCHES has not materially changed since September 2022.

How Large is FINCHES?

FINCHES is 107m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of semi-detached houses houses in Nounsley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nounsley, and where FINCHES lies on this distribution: 34% of semi-detached houses houses are smaller than FINCHES, and 63% of houses are larger. Note that EPC data is not available for all properties in Nounsley.

FINCHES: Plot and Title Map

FINCHES sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of FINCHES, 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 FINCHES). 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 FINCHES?

FINCHES is located on PEVEREL AVENUE in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of FINCHES on PEVEREL AVENUE.