THE OLD BARN, VICARAGE ROAD, FINCHINGFIELD, BRAINTREE, CM7 4LD - £625,000

THE OLD BARN is a midsized extended detached house of 145m², built sometime between 1976 and 1982. It was last sold for £625,000 in November 2022, which was around 12% above the average November 2022 detached price in the Braintree local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

THE OLD BARN Sold Prices

Land registry data shows two sales for THE OLD BARN 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 THE OLD BARN 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 23 NOV	£625,000	£558,797	12% above HPI
2003 12 SEP	£340,000	£258,553	32% above HPI

THE OLD BARN 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 OLD BARN sales from September 2003 and November 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 September 2003 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE OLD BARN?

THE OLD BARN is 145m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Finchingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Finchingfield, and where THE OLD BARN lies on this distribution: 55% of detached houses are smaller than THE OLD BARN, and 45% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

THE OLD BARN: Plot and Title Map

THE OLD BARN sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of THE OLD BARN, 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 OLD BARN). 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 OLD BARN?

THE OLD BARN is located on VICARAGE ROAD in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of THE OLD BARN on VICARAGE ROAD.