1, GAINSBOROUGH ROAD, BRAINTREE, CM77 8DU - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GAINSBOROUGH ROAD is a small detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £472,786. It was last sold for £450,000 in April 2022, which was around 18% below the average April 2022 detached price in the Braintree local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

1 GAINSBOROUGH ROAD Sold Prices

Land registry data shows three sales for 1 GAINSBOROUGH ROAD 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 1 GAINSBOROUGH ROAD 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
2022 27 APR	£450,000	£549,692	18% below HPI
2008 29 FEB	£285,000	£345,016	17% below HPI
2001 26 OCT	£170,000	£185,650	8% below HPI

1 GAINSBOROUGH ROAD 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 1 GAINSBOROUGH ROAD sales between October 2001 and April 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 February 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 GAINSBOROUGH ROAD be worth now?

1 GAINSBOROUGH ROAD might now be worth an estimated £472,786.

This is based on house price inflation of 5.1%, between April 2022 and February 2025, 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 5.1% inflationary increase is applied to the most recent sale price for 1 GAINSBOROUGH ROAD of £450,000 on 27th April 2022. For the value to have increased from £450,000 to £472,786 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 1 GAINSBOROUGH ROAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The April 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GAINSBOROUGH ROAD has not materially changed since April 2022.

How Large is 1 GAINSBOROUGH ROAD?

1 GAINSBOROUGH ROAD is 103m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses houses in Black Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Black Notley, and where 1 GAINSBOROUGH ROAD lies on this distribution: 24% of detached houses houses are smaller than 1 GAINSBOROUGH ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Black Notley.

1 GAINSBOROUGH ROAD: Plot and Title Map

1 GAINSBOROUGH ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 1 GAINSBOROUGH ROAD, 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 GAINSBOROUGH ROAD). 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 GAINSBOROUGH ROAD?

1 GAINSBOROUGH ROAD is located in BRAINTREE, in the CM77 postcode district. The below map shows the position of No. 1 on GAINSBOROUGH ROAD.