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
11 GUINEA CLOSE is a small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £136,500 in August 2001, which was around 22% below the average August 2001 detached price in the Braintree local authority area. The most recent EPC inspection was March 2024, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 11 GUINEA CLOSE since 1st 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 11 GUINEA 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 |
---|---|---|---|
2001 17 AUG | £136,500 | £174,737 | 22% below HPI |
2000 25 MAY | £115,000 | £140,039 | 18% below HPI |
1997 6 JUN | £96,500 | £98,981 | 3% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 11 GUINEA CLOSE sales between June 1997 and August 2001 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 May 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2001 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
11 GUINEA CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 11 GUINEA CLOSE lies on this distribution: 21% of detached houses are smaller than 11 GUINEA CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Braintree.
11 GUINEA CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 11 GUINEA 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 11 GUINEA 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.
11 GUINEA CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 11 on GUINEA CLOSE.