THE HOODS, HIGH STREET, WETHERSFIELD, BRAINTREE, CM7 4BY - £376,000

THE HOODS is a small detached house of 80m², built sometime from 2007 onwards. It was last sold for £376,000 in January 2023, which was around 31% below the average January 2023 detached price in the Braintree local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was B.

THE HOODS Sold Prices

Land registry data shows two sales for THE HOODS 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. One of the two THE HOODS sales was for below the average price, whilst the other was 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
2023 13 JAN	£376,000	£546,111	31% below HPI
2006 25 MAY	£465,000	£286,913	62% above HPI

THE HOODS 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 THE HOODS sales from May 2006 and January 2023 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 May 2006 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the January 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE HOODS?

THE HOODS is 80m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where THE HOODS lies on this distribution: 33% of detached houses are smaller than THE HOODS, and 65% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

THE HOODS: Plot and Title Map

THE HOODS sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of THE HOODS, 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 THE HOODS). 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 THE HOODS?

THE HOODS is located on HIGH STREET in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of THE HOODS on HIGH STREET.