HOPE HILL HOUSE, SILVER STREET, WETHERSFIELD, BRAINTREE, CM7 4BP - £540,000

HOPE HILL HOUSE is a very large extended detached house of 171m², built sometime before 1900. It was last sold for £540,000 in June 2020, which was around 14% above the average June 2020 detached price in the Braintree local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

HOPE HILL HOUSE Sold Prices

Land registry data shows three sales for HOPE HILL HOUSE 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. The three HOPE HILL HOUSE sales were a mix of above the average price, roughly equal to the average price, and 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 JUN	£540,000	£475,764	14% above HPI
2018 15 MAR	£335,000	£472,394	29% below HPI
2017 21 MAY	£450,000	£449,986	Close to HPI

HOPE HILL HOUSE 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 HOPE HILL HOUSE sales between May 2017 and June 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is HOPE HILL HOUSE?

HOPE HILL HOUSE is 171m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where HOPE HILL HOUSE lies on this distribution: 88% of detached houses are smaller than HOPE HILL HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

HOPE HILL HOUSE: Plot and Title Map

HOPE HILL HOUSE sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of HOPE HILL HOUSE, 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 HOPE HILL HOUSE). 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 HOPE HILL HOUSE?

HOPE HILL HOUSE is located on SILVER STREET in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of HOPE HILL HOUSE on SILVER STREET.