1, COLVILLE CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7ZA - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 COLVILLE CLOSE is a small detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £528,207. It was last sold for £450,000 in February 2020, which was around 9% below the average February 2020 detached price in the Braintree local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

1 COLVILLE CLOSE Sold Prices

Land registry data shows five sales for 1 COLVILLE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the five 1 COLVILLE CLOSE 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
2020 17 FEB	£450,000	£492,808	9% below HPI
2016 27 JUL	£465,000	£446,741	4% above HPI
2010 29 JUL	£345,000	£328,423	5% above HPI
1999 7 MAY	£165,000	£124,035	33% above HPI
1998 30 SEP	£163,000	£120,489	35% above HPI

1 COLVILLE 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 five 1 COLVILLE CLOSE sales between September 1998 and February 2020 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 July 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 COLVILLE CLOSE be worth now?

1 COLVILLE CLOSE might now be worth an estimated £528,207.

This is based on house price inflation of 17.4%, between February 2020 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for 1 COLVILLE CLOSE of £450,000 on 17th February 2020. For the value to have increased from £450,000 to £528,207 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 1 COLVILLE CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The February 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 1 COLVILLE CLOSE has not materially changed since February 2020.

How Large is 1 COLVILLE CLOSE?

1 COLVILLE CLOSE is 108m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Notley, and where 1 COLVILLE CLOSE lies on this distribution: 27% of detached houses houses are smaller than 1 COLVILLE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

1 COLVILLE CLOSE: Plot and Title Map

1 COLVILLE CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 COLVILLE 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 1 COLVILLE 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 1 COLVILLE CLOSE?

1 COLVILLE CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 1 on COLVILLE CLOSE.