14, FARTHING CLOSE, BRAINTREE, CM7 9DN - £335,000

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

14 FARTHING CLOSE is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £335,000 in July 2021, which was around 30% below the average July 2021 detached price in the Braintree local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

14 FARTHING CLOSE Sold Prices

Land registry data shows five sales for 14 FARTHING CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the five 14 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
2021 23 JUL	£335,000	£476,776	30% below HPI
2012 30 MAR	£185,000	£300,608	38% below HPI
2003 24 JAN	£147,500	£241,374	39% below HPI
2001 30 NOV	£108,000	£179,382	40% below HPI
1996 22 MAR	£76,000	£89,663	15% below HPI

14 FARTHING 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 five 14 FARTHING CLOSE sales between March 1996 and July 2021 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 March 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 14 FARTHING CLOSE?

14 FARTHING CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in April 2021. 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 14 FARTHING CLOSE lies on this distribution: 26% of detached houses are smaller than 14 FARTHING CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Braintree.

14 FARTHING CLOSE: Plot and Title Map

14 FARTHING CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 14 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 14 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 14 FARTHING CLOSE?

14 FARTHING CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 14 on FARTHING CLOSE.