NEWLANDS, NOUNSLEY ROAD, HATFIELD PEVEREL, CHELMSFORD, CM3 2NQ - £615,000

NEWLANDS is a very large detached house of 271m², built sometime from 2007 onwards. It was last sold for £615,000 in October 2012, which was around 99% above the average October 2012 detached price in the Braintree local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two NEWLANDS 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
2012 17 OCT	£615,000	£309,486	99% above HPI
2005 5 APR	£282,500	£275,817	2% above HPI

NEWLANDS 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 two NEWLANDS sales from April 2005 and October 2012 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 April 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2012 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is NEWLANDS?

NEWLANDS is 271m² according to the EPC inspection conducted in December 2010. This puts it in the largest 10% of detached houses in Nounsley, based on EPC data. The below chart shows the distribution of detached houses by size in Nounsley, and where NEWLANDS lies on this distribution: 98% of detached houses are smaller than NEWLANDS, and 2% of houses are larger. Note that EPC data is not available for all properties in Nounsley.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on NOUNSLEY ROAD in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of NEWLANDS on NOUNSLEY ROAD.