124, CLARE ROAD, BRAINTREE, CM7 2PQ - £442,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

124 CLARE ROAD is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £442,500 in January 2024, which was around 18% below the average January 2024 detached price in the Braintree local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

124 CLARE ROAD Sold Prices

Land registry data shows two sales for 124 CLARE ROAD 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 124 CLARE 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
2024 29 JAN	£442,500	£538,548	18% below HPI
2014 27 NOV	£275,000	£360,977	24% below HPI

124 CLARE 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 two 124 CLARE ROAD sales from November 2014 and January 2024 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 November 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 124 CLARE ROAD?

124 CLARE ROAD is 112m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 124 CLARE ROAD lies on this distribution: 51% of detached houses are smaller than 124 CLARE ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Braintree.

124 CLARE ROAD: Plot and Title Map

124 CLARE ROAD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 124 CLARE 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 124 CLARE 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 124 CLARE ROAD?

124 CLARE ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 124 on CLARE ROAD.