13, FARTHING CLOSE, BRAINTREE, CM7 9DN - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

13 FARTHING CLOSE is a very small terraced house of 49m², built sometime between 1996 and 2002, which could now be worth an estimated £253,808. It was last sold for £250,000 in June 2022, which was around 6% below the average June 2022 terraced price in the Braintree local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

13 FARTHING CLOSE Sold Prices

Land registry data shows five sales for 13 FARTHING CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Most of the five 13 FARTHING 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
2022 15 JUN	£250,000	£266,502	6% below HPI
2011 28 NOV	£140,000	£151,840	8% below HPI
2005 5 AUG	£140,000	£144,656	3% below HPI
2000 18 FEB	£60,000	£61,376	2% below HPI
1996 27 SEP	£57,850	£44,422	30% above HPI

13 FARTHING CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The five 13 FARTHING CLOSE sales between September 1996 and June 2022 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 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 13 FARTHING CLOSE be worth now?

13 FARTHING CLOSE might now be worth an estimated £253,808.

This is based on house price inflation of 1.5%, between June 2022 and July 2025, for terraced houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 13 FARTHING CLOSE of £250,000 on 15th June 2022. For the value to have increased from £250,000 to £253,808 over the two years and eleven months to July 2025, the following assumptions must hold true:

• The value of 13 FARTHING CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The June 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 13 FARTHING CLOSE has not materially changed since June 2022.

How Large is 13 FARTHING CLOSE?

13 FARTHING CLOSE is 49m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of terraced houses houses in Braintree, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Braintree, and where 13 FARTHING CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 13 FARTHING CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

13 FARTHING CLOSE: Plot and Title Map

13 FARTHING CLOSE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 13 FARTHING 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 13 FARTHING 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 13 FARTHING CLOSE?

13 FARTHING CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 13 on FARTHING CLOSE.