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
14 BURGHLEY CLOSE is a very small extended detached house of 86m², built sometime between 2003 and 2006. It was last sold for £455,000 in August 2023, which was around 15% below the average August 2023 detached price in the Braintree local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 14 BURGHLEY CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the six 14 BURGHLEY 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 |
---|---|---|---|
2023 25 AUG | £455,000 | £536,954 | 15% below HPI |
2017 28 APR | £363,000 | £446,455 | 19% below HPI |
2009 1 JUN | £249,995 | £264,642 | 6% below HPI |
2002 5 SEP | £177,000 | £220,534 | 20% below HPI |
2001 21 SEP | £157,000 | £175,879 | 11% below HPI |
1997 10 JAN | £99,995 | £97,059 | 3% above HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The six 14 BURGHLEY CLOSE sales between January 1997 and August 2023 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 April 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
14 BURGHLEY CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% 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 14 BURGHLEY CLOSE lies on this distribution: 7% of detached houses are smaller than 14 BURGHLEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Great Notley.
14 BURGHLEY CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 14 BURGHLEY 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 14 BURGHLEY 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.
14 BURGHLEY CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 14 on BURGHLEY CLOSE.