105, CHALLIS LANE, BRAINTREE, CM7 1AL - £295,000

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

105 CHALLIS LANE is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £295,000 in June 2017, which was around 35% below the average June 2017 detached price in the Braintree local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

105 CHALLIS LANE Sold Prices

Land registry data shows two sales for 105 CHALLIS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 105 CHALLIS LANE 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 9 JUN	£295,000	£453,699	35% below HPI
2006 16 JUN	£179,000	£288,880	38% below HPI

105 CHALLIS LANE 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 two 105 CHALLIS LANE sales from June 2006 and June 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2017 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 105 CHALLIS LANE?

105 CHALLIS LANE is 86m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 105 CHALLIS LANE lies on this distribution: 22% of detached houses are smaller than 105 CHALLIS LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Braintree.

105 CHALLIS LANE: Plot and Title Map

105 CHALLIS LANE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 105 CHALLIS LANE, 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 105 CHALLIS LANE). 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 105 CHALLIS LANE?

105 CHALLIS LANE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 105 on CHALLIS LANE.