12, GRASMERE CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7UF - £239,000

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

12 GRASMERE CLOSE is a very small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £239,000 in March 2010, which was around 21% below the average March 2010 detached price in the Braintree local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

12 GRASMERE CLOSE Sold Prices

Land registry data shows four sales for 12 GRASMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four 12 GRASMERE 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
2010 26 MAR	£239,000	£301,848	21% below HPI
2005 30 SEP	£232,500	£287,204	19% below HPI
1998 6 FEB	£85,000	£105,902	20% below HPI
1996 2 SEP	£73,000	£95,598	24% below HPI

12 GRASMERE 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 four 12 GRASMERE CLOSE sales between September 1996 and March 2010 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 September 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2010 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 GRASMERE CLOSE?

12 GRASMERE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 12 GRASMERE CLOSE lies on this distribution: 11% of detached houses are smaller than 12 GRASMERE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

12 GRASMERE CLOSE: Plot and Title Map

12 GRASMERE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 12 GRASMERE 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 12 GRASMERE 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 12 GRASMERE CLOSE?

12 GRASMERE CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 12 on GRASMERE CLOSE.