OLIVE HOUSE, SILVER STREET, WETHERSFIELD, BRAINTREE, CM7 4BP - £160,000

OLIVE HOUSE is a midsized extended detached house of 87m², built sometime before 1900. It was last sold for £160,000 in July 1999, which was around 29% above the average July 1999 detached price in the Braintree local authority area. The most recent EPC inspection was December 2013, where the current energy rating was F, and the potential energy rating was B.

OLIVE HOUSE Sold Prices

Land registry data shows two sales for OLIVE HOUSE 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 OLIVE HOUSE 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
1999 23 JUL	£160,000	£124,072	29% above HPI
1995 30 NOV	£116,500	£92,442	26% above HPI

OLIVE 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 two OLIVE HOUSE sales from November 1995 and July 1999 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 November 1995 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 1999 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is OLIVE HOUSE?

OLIVE HOUSE is 87m², which includes three extensions, according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where OLIVE HOUSE lies on this distribution: 40% of detached houses are smaller than OLIVE HOUSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

OLIVE HOUSE: Plot and Title Map

OLIVE HOUSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of OLIVE 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 OLIVE 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 OLIVE HOUSE?

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