1, FRESIAN CLOSE, BRAINTREE, CM7 2FD - £392,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FRESIAN CLOSE is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £392,000 in November 2017, which was around 16% below the average November 2017 detached price in the Braintree local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

1 FRESIAN CLOSE Sold Prices

Land registry data shows five sales for 1 FRESIAN 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. All of the five 1 FRESIAN 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 30 NOV	£392,000	£467,795	16% below HPI
2009 15 DEC	£250,000	£286,904	13% below HPI
2006 19 DEC	£245,000	£299,560	18% below HPI
1998 28 APR	£96,000	£109,281	12% below HPI
1997 12 SEP	£89,000	£102,701	13% below HPI

1 FRESIAN 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 FRESIAN CLOSE sales between September 1997 and November 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 December 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 FRESIAN CLOSE?

1 FRESIAN CLOSE is 97m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 1 FRESIAN CLOSE lies on this distribution: 34% of detached houses are smaller than 1 FRESIAN CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Braintree.

1 FRESIAN CLOSE: Plot and Title Map

1 FRESIAN CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 1 FRESIAN 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 FRESIAN 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 FRESIAN CLOSE?

1 FRESIAN CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 1 on FRESIAN CLOSE.