1, PETWORTH CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7XS - £525,000

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 PETWORTH CLOSE is a large extended detached house of 144m², built sometime between 1996 and 2002. It was last sold for £525,000 in April 2017, which was around 18% above the average April 2017 detached price in the Braintree local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

1 PETWORTH CLOSE Sold Prices

Land registry data shows three sales for 1 PETWORTH 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 1 PETWORTH 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
2017 28 APR	£525,000	£446,455	18% above HPI
2006 28 JUN	£352,000	£288,880	22% above HPI
1997 30 MAY	£167,500	£97,433	72% above HPI

1 PETWORTH 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 1 PETWORTH CLOSE sales between May 1997 and April 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 June 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 1 PETWORTH CLOSE?

1 PETWORTH CLOSE is 144m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 40% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 1 PETWORTH CLOSE lies on this distribution: 63% of detached houses are smaller than 1 PETWORTH CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

1 PETWORTH CLOSE: Plot and Title Map

1 PETWORTH CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 1 PETWORTH 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 PETWORTH 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 PETWORTH CLOSE?

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