7, RUSTIC CLOSE, BRAINTREE, CM7 3RX - £364,000

7 RUSTIC CLOSE is a midsized detached house of 116m², built sometime between 2003 and 2006. It was last sold for £364,000 in January 2017, which was around 19% below the average January 2017 detached price in the Braintree local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

7 RUSTIC CLOSE Sold Prices

Land registry data shows three sales for 7 RUSTIC CLOSE 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. All of the three 7 RUSTIC CLOSE sales were for 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
2017 18 JAN	£364,000	£447,430	19% below HPI
2005 22 APR	£245,000	£275,817	11% below HPI
2003 29 MAY	£219,950	£247,623	11% below HPI

7 RUSTIC CLOSE 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 7 RUSTIC CLOSE sales between May 2003 and January 2017 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 RUSTIC CLOSE?

7 RUSTIC CLOSE is 116m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 7 RUSTIC CLOSE lies on this distribution: 58% of detached houses are smaller than 7 RUSTIC CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Braintree.

7 RUSTIC CLOSE: Plot and Title Map

7 RUSTIC CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 7 RUSTIC CLOSE, 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 7 RUSTIC CLOSE). 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 7 RUSTIC CLOSE?

7 RUSTIC CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 7 on RUSTIC CLOSE.